# Luoyang Glass to acquire Taibo Fujian Photovoltaic Glass for CNY 422 million

Luoyang Glass announced it will acquire 100% of Taibo Fujian Photovoltaic Glass from Taibo Donghai Glass for a base price of CNY 422 million, to expand its photovoltaic glass capacity.

- Type: Acquisition
- Announced: 2022-09-14
- Where: China
- Value: $59.0M (422.0M CNY)
- Status: announced
- Products: photovoltaic glass
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Luoyang Glass](https://endata.com/companies/20482.md) (acquirer)
- [Taibo Fujian Photovoltaic Glass](https://endata.com/companies/65286.md) (target)
- [Taibo Donghai Glass](https://endata.com/companies/65287.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/792143.html), 2022-09-14: "同意公司与台玻东海玻璃有限公司签署《关于台玻福建光伏玻璃有限公司的股权转让协议》，由公司以现金方式收购台玻福建光伏玻璃有限公司100%股权。"
- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/791869.html), 2022-09-14: "本次收购台玻福建全部股权，将有效扩大公司光伏玻璃产能规模"

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