# Estun Automation to acquire 51% stake in Dingpai Electromechanical for CNY 409 million

Estun Automation announced it will acquire a 51% stake in Nanjing Dingpai Electromechanical Technology from its controlling shareholder for CNY 409 million, making Dingpai a wholly owned subsidiary. Dingpai holds indirect equity in German Cloos company.

- Type: Acquisition
- Announced: 2020-04-02
- Where: Nanjing, Jiangsu, China
- Value: $57.7M (409.0M CNY)
- Status: announced
- Products: robotics automation equipment, industrial control components
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Estun Automation](https://endata.com/companies/16775.md)
- [Nanjing Dingpai Electromechanical Technology](https://endata.com/companies/46283.md) (target)
- [Nanjing Pairest Technology](https://endata.com/companies/46284.md) (partner)

## Sources

- [yzweekly.com](http://www.yzweekly.com/jxsb/jiqiren/4234.htm), 2020-04-02: "本次交易方案调整，有利于缩短Cloos公司并入上市公司的进程，加速双方的融合"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.