◂ Announcements

Dec 19, 2022ACQUISITIONUnited States

SPO Global Inc. to merge with Shandong Fangyuan Huizhong Intelligent Equipment

SPO Global Inc. has entered into a non-binding letter of intent to merge with Shandong Fangyuan Huizhong Intelligent Equipment Co., Ltd., a Chinese food machinery manufacturer. The transaction would make SFHI a wholly-owned subsidiary of SPO Global.

Status

Announced

Productsautomatic continuous vacuum packaging machines, rolling vacuum packing machines, fruit and vegetable cleaning machines, food air dryers, walnut peeling machines, pasteurizers, freeze-drying machines, liquid nitrogen quick freezers, dryers, press dehydrators, blends

CompaniesSPO Global Inc. acquirer Shandong Fangyuan Huizhong Intelligent Equipment Co., Ltd. target

Sectors#Food Processing Equipment

“SPO Global Inc. (OTC: SPOM), is pleased to announce that is has entered into a non-binding letter of intent (“LOI”) dated December 19 th, 2022 with Shandong Fangyuan Huizhong Intelligent Equipment Co., Ltd. (“SFHI”) pursuant to which the parties will complete a merger that will result in SFHI becomi”markets.financialcontent.com

1 source
markets.financialcontent.comFinancialContent - SPO Global Inc. Announces Letter of Intent to Merge with Shandong Fangyuan Huizhong Intelligent Equipment Co., Ltd.News DirectFeb 13, 2023

Summarized from public sources; check the original articles before acting on it.

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