# 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.

- Type: Acquisition
- Announced: 2022-12-19
- Where: United States
- Status: announced
- Products: automatic 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
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [SPO Global Inc.](https://endata.com/companies/68531.md) (acquirer)
- [Shandong Fangyuan Huizhong Intelligent Equipment Co., Ltd.](https://endata.com/companies/68532.md) (target)

## Sources

- [markets.financialcontent.com](https://markets.financialcontent.com/stocks/article/newsdirect-2023-2-13-spo-global-inc-announces-letter-of-intent-to-merge-with-shandong-fangyuan-huizhong-intelligent-equipment-co-ltd), 2023-02-13: "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"

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