# Chongqing Water acquires seven water purification plants for 3.947 billion yuan

Chongqing Water Group's wholly-owned subsidiary Kunming Yurun Water Co., Ltd. acquired seven water purification plant assets from Kunming Dianchi Investment Co., Ltd. for 3.947 billion yuan (about $550 million) to expand its wastewater treatment business.

- Type: Acquisition
- Announced: 2022-11-11
- Where: China
- Value: $550.0M (3.95B CNY)
- Status: completed
- Products: water purification services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Chongqing Water Group](https://endata.com/companies/66572.md) (acquirer)
- [Kunming Yurun Water](https://endata.com/companies/66573.md) (acquirer)
- [Kunming Dianchi Investment](https://endata.com/companies/66574.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/829402.html), 2022-11-11: "公司所属全资子公司昆明渝润水务有限公司以39.47亿元收购昆明滇池投资有限责任公司名下持有的七座水质净化厂资产。"

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