# Impro Precision to acquire Foshan Meiduan Manufacturing

Impro Precision announced its subsidiary plans to acquire all equity of Foshan Meiduan Manufacturing Technology Co., Ltd. for a cash consideration of RMB 59.27 million.

- Type: Acquisition
- Announced: 2022-06-01
- Where: Foshan, China
- Value: $8.80M (59.3M CNY)
- Status: announced
- Products: high-precision core components for commercial aircraft, industrial gas turbines, and oil and gas equipment
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Impro Precision](https://endata.com/companies/50586.md) (acquirer)
- [Foshan Meiduan Manufacturing Technology](https://endata.com/companies/63185.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/732812.html), 2022-06-01: "鹰普精密(01286)发布公告，附属公司拟收购佛山市美锻制造技术有限公司的全部股权，总代价为现金人民币5927万元(可予若干调整)。"

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