# Conch Venture to acquire full control of Yaobo Group and Chongqing JV

Conch Venture (via subsidiary China Conch Environmental Protection) agreed to acquire all shares of AGL and WETH to gain full control of Yaobo Group and Chongqing JV.

- Type: Acquisition
- Announced: 2021-06-07
- Where: China
- Value: $103.9M (807.0M HKD)
- Status: announced
- Products: solid waste disposal services
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [AGL](https://endata.com/companies/36893.md) (target)
- [Conch Venture](https://endata.com/companies/39755.md) (acquirer)
- [WETH](https://endata.com/companies/55644.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/489954.html), 2021-06-07: "收购事项将使集团可全面控制尧柏集团及重庆合营公司的营运，以确保其固废处置项目的效率及管理。"

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