Burckhardt Compression signs deal for remaining 40% of Shenyang Yuanda Compressor

Burckhardt Compression signed the contract to acquire the remaining 40% stake in Shenyang Yuanda Compressor, a China-based compressor maker with about 650 employees, on January 25, 2021. Closing was expected within two weeks, and the purchase price was not disclosed.

“The contract to acquire the remaining 40% of Shenyang Yuanda Compressor, based in Shenyang, China, was signed on January 25, 2021.”gulfoilandgas.com

• 3 sources
• gulfoilandgas.comBurckhardt Compression Acquires Remaining 40% of Shenyang Yuanda - Mergers and AcquisitionsJan 25, 2021
• hydrocarbonengineering.comBurckhardt Compression acquires remaining 40% of Shenyang Yuanda Compressor | Hydrocarbon EngineeringJan 26, 2021
• hydrocarbonengineering.comBurckhardt Compression welcomes new subsidiary | Hydrocarbon EngineeringFeb 24, 2021

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