# Jentech Precision to acquire Jinli Precision Industrial via share swap

Jentech Precision Industrial (3653) announced it will acquire Jinli Precision Industrial (5383) through a share swap at a ratio of 1 Jentech share for 22.2422 Jinli shares. The transaction is expected to close on May 31, 2024, and will integrate resources including Jinli's electroplating license in its Nantong, China factory.

- Type: Acquisition
- Announced: 2024-01-18
- Where: TWN
- Status: announced
- Products: precision stamped connector terminals, IGBT components
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Jentech Precision Industrial](https://endata.com/companies/29168.md) (acquirer)
- [Jinli Precision Industrial](https://endata.com/companies/75114.md) (target)

## Sources

- [chinatimes.com](https://www.chinatimes.com/realtimenews/20240119001076-260410), 2024-01-18: "金利強項在沖壓精密連接器端子，且大陸廠區擁有電鍍執照，兩家公司合併將有助於健策新產品發展。"

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