# Zhuhai Bojay Electronics and Gejie Investment to acquire Hardinge Precision Machinery for $130 million

Zhuhai Bojay Electronics and Zhuhai Gejie Investment Fund signed a Master Purchase Agreement to acquire Hardinge Precision Machinery, Hardinge Machine Shanghai, and Wanshi Machine Tool for approximately $130 million.

- Type: Acquisition
- Announced: 2024-01-17
- Where: Shanghai, Dalian, Jiaxing, China
- Value: $130.0M
- Status: announced
- Products: precision machinery, machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hardinge](https://endata.com/companies/18272.md) (target)
- [Zhuhai Bojay Electronics](https://endata.com/companies/75076.md) (acquirer)
- [Zhuhai Gejie Investment Fund Partnership Enterprise](https://endata.com/companies/75077.md) (acquirer)
- [Hardinge Precision Machinery](https://endata.com/companies/75078.md) (target)
- [Hardinge Machine Shanghai](https://endata.com/companies/75079.md) (target)
- [Wanshi Machine Tool](https://endata.com/companies/75080.md) (target)
- [Weisser Machine Tool (Dalian)](https://endata.com/companies/75237.md) (target)
- [Hardinge Precision Machinery (Jiaxing)](https://endata.com/companies/75238.md) (target)
- [Hardinge Machine](https://endata.com/companies/75502.md) (target)
- [Weisser Machine Tool](https://endata.com/companies/75503.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/ZHUHAI-BOJAY-ELECTRONICS--111328026/news/Zhuhai-Bojay-Electronics-Co-Ltd-and-Zhuhai-Gejie-Investment-Fund-Partnership-Enterprise-Limited-P-45818673/), 2024-01-17: "Zhuhai Bojay Electronics Co.,Ltd. and Zhuhai Gejie Investment Fund Partnership Enterprise (Limited Partnership) signed a Master Purchase Agreement to acquire Hardinge Precision Machinery and Hardinge Machine Shanghai and Wanshi Machine Tool for approximately $130 million."
- [iclg.com](https://iclg.com/news/20045-dla-piper-advises-zhuhai-bojay-electronics-on-acquisition-of-three-hardinge-subsidiaries/), 2024-01-25: "This acquisition will expand Bojay's footprint in the industrial machine tools sector and enable the company to advance its high-end manufacturing capabilities."
- [globallegalchronicle.com](https://globallegalchronicle.com/zhuhai-bojay-electronics-acquisition-of-hardinge-machine-hardinge-precision-machinery-and-weisser-machine-tool/), 2024-02-07: "Zhuhai Bojay Electronics (Bojay) announced the acquisition of three Chinese subsidiaries of multinational machine tool manufacturer Hardinge."

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