◂ Announcements

Plastics and Polymersworld trade 2024+3.9% 5Y CAGR

Sep 18, 2023ACQUISITIONZhaoqing, Guangdong, China

Dowon to acquire Guangdong Hyundai Engineering Plastics for CNY 97M

Dowon (Shandong Dowon Technology) announced it will acquire 100% equity of Guangdong Hyundai Engineering Plastics for CNY 97 million. The target produces high-performance specialty plastic products in Zhaoqing, Guangdong.

Value

$13.3M (97.0M CNY)

Status

Announced

Productshigh-performance specialty plastic products

CompaniesShandong Dowon Technology acquirer Guangdong Hyundai Engineering Plastics target

Sectors#Plastics and Polymers

“本次收购完成后，公司将可以实现对客户的就近配套，大大节约成本。”stock.cngold.org

1 source
stock.cngold.org道恩股份：拟9700万元收购广东现代100%股权优化产业区域布局-个股-金投网Sep 19, 2023

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

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