# Sany Robot acquires Sany Robot Equipment for ¥30.6M

Sany International's 65%-owned subsidiary Sany Robot will acquire 100% of Sany Robot Equipment (Xi'an) Co., Ltd. from Sany Heavy Equipment and Sany Construction Industry for a total consideration of ¥30.602 million. The acquisition aims to integrate robot and automation equipment R&D, manufacturing and sales within the group.

- Type: Acquisition
- Announced: 2022-07-07
- Where: China
- Value: $4.50M (30.6M CNY)
- Status: announced
- Products: robots, automation equipment
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Sany Heavy Equipment](https://endata.com/companies/52689.md) (partner)
- [Sany Robot](https://endata.com/companies/63998.md) (acquirer)
- [Sany Robot Equipment (Xi'an)](https://endata.com/companies/63999.md) (target)
- [Sany Construction Industry](https://endata.com/companies/64000.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/751482.html), 2022-07-07: "收购事项及出售事项的目的是重组该集团的业务线，将目标公司机器人及自动化设备的研发、制造及销售业务与三一机器人业务整合"

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