# 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.

- Type: Acquisition
- Announced: 2021-01-25
- Where: Shenyang, China
- Status: announced
- Products: compressors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Burckhardt Compression](https://endata.com/companies/1971.md) (acquirer)
- [Shenyang Yuanda Compressor](https://endata.com/companies/5076.md) (target)

## Sources

- [gulfoilandgas.com](https://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=908001), 2021-01-25: "The contract to acquire the remaining 40% of Shenyang Yuanda Compressor, based in Shenyang, China, was signed on January 25, 2021."
- [hydrocarbonengineering.com](https://www.hydrocarbonengineering.com/gas-processing/26012021/burckhardt-compression-acquires-remaining-40-of-shenyang-yuanda-compressor/), 2021-01-26: "Burckhardt Compression has announced that it has acquired the remaining 40% of Shenyang Yuanda Compressor."
- [hydrocarbonengineering.com](https://www.hydrocarbonengineering.com/gas-processing/24022021/burckhardt-compression-welcomes-new-subsidiary/), 2021-02-24: "the closing has now also taken place and Shenyang Yuanda Compressor is now a 100% subsidiary of Burckhardt Compression."

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