◂ Announcements

Jun 19, 2020ACQUISITIONMalaysia

Seagull Cooling Technologies acquires Truwater Cooling Towers for RM 32.4 million

Seagull Cooling Technologies (Asia Pacific), a subsidiary of Jiangsu Seagull Cooling Towers, acquired 100% of Truwater Cooling Towers Sdn Bhd for RM 32.4 million.

Value

$7.70M (32.4M MYR)

Status

Completed

Productscooling towers

CompaniesJiangsu Seagull Cooling Towers acquirer Seagull Cooling Technologies (Asia Pacific) acquirer Truwater Cooling Towers target

Sectors#HVAC and Industrial Refrigeration

“Seagull Asia Pacific has successfully acquired Truwater at RM 32.4 million to become its wholly-owned subsidiary.”sap-ct.com

1 source
sap-ct.comSeagull Cooling Technologies' Acquisition of Truwater Cooling TowerSeagullJun 18, 2020

Summarized from public sources; check the original articles before acting on it.

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