# Eaglerise Electric plans to acquire majority stake in Yunnan Transformer Electric

Eaglerise Electric Co., Ltd. (伊戈尔) has announced plans to acquire a 54.97% stake in Yunnan Transformer Electric Co., Ltd. (云变电气) from Shanghai Changwei Equity Investment Partnership, along with additional shares from other shareholders, through a cash payment and public listing process. The deal is subject to due diligence and regulatory approvals.

- Type: Acquisition
- Announced: 2020-12-02
- Where: China
- Status: announced
- Products: transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Eaglerise Electric Co., Ltd.](https://endata.com/companies/51618.md) (acquirer)
- [Yunnan Transformer Electric Co., Ltd.](https://endata.com/companies/51619.md) (target)
- [Shanghai Changwei Equity Investment Partnership](https://endata.com/companies/51620.md) (partner)

## Sources

- [epaper.cs.com.cn](https://epaper.cs.com.cn/zgzqb/html/2020-12/03/nw.D110000zgzqb_20201203_4-B054.htm), 2020-12-03: "公司拟以支付现金并通过产权交易所公开摘牌的方式，购买上海长威股权投资合伙企业（有限合伙）持有的云南变压器电气股份有限公司54.97%的股份以及其他股东所持云南变压器电气股份有限公司的部分股份。"

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