# EBARA to acquire Turkish pump maker Vansan

EBARA Corporation signed an agreement to acquire 100 percent of the shares of Vansan, a leading Turkish pump manufacturer that exports about 70 percent of its output to more than 70 countries.

- Type: Acquisition
- Announced: 2020-12-21
- Where: Türkiye
- Value: $108.0M
- Status: announced
- Capacity: 256,088,000 shares acquired
- Products: pumps
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [EBARA Corporation](https://endata.com/companies/499.md) (acquirer)
- [Vansan](https://endata.com/companies/7387.md) (target)
- [Cigli Su Teknolojileri](https://endata.com/companies/7459.md) (target)
- [Vansan Makina](https://endata.com/companies/7460.md) (target)

## Sources

- [invest.gov.tr](https://www.invest.gov.tr/en/news/news-from-turkey/pages/japan-ebara-acquires-vansan.aspx), 2020-12-21: "EBARA Corporation has signed an agreement to acquire 100 percent of the shares of leading Turkish pump manufacturer Vansan."
- [pumpsandsystems.com](https://www.pumpsandsystems.com/ebara-acquires-turkish-pump-manufacturer-vansan/), 2021-01-05: "EBARA CORPORATION (EBARA) executed a stock purchase agreement to acquire all outstanding shares of Çiğli Su Teknolojileri A.Ş., the parent company of Vansan Makina Sanayi ve Ticaret A.Ş., a Turkish pump manufacturer"

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