# Hisense Home Appliances to acquire stake in Sanden Holdings for HKD 1.563B

Hisense Home Appliances plans to invest HKD 1.563 billion to acquire a stake in Sanden Holdings, aiming to expand into automotive air conditioning compressor and automotive air conditioning businesses.

- Type: Acquisition
- Announced: 2021-03-01
- Where: Japan
- Value: $201.0M (1.56B HKD)
- Status: announced
- Products: automotive air conditioning compressors, automotive air conditioning systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Sanden](https://endata.com/companies/7699.md) (target)
- [Hisense Home Appliances Group](https://endata.com/companies/7739.md) (acquirer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/419424.html), 2021-03-01: "本次认购完成后，该公司将以三电控股为核心公司拓展汽车空调压缩机、汽车空调产业，实现该公司产业拓展"
- [auto.cnr.cn](http://auto.cnr.cn/gdzx/20210310/t20210310_525432754.shtml), 2021-03-11: "海信家电日前公告透露，拟斥资约13亿元认购日本三电控股株式会社定向增发的8362.7万股股份，藉此将持有三电约75%的表决权，成为三电的控股股东。"

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