# Mindray to acquire 21.12% stake in Shenzhen Huite Medical for $9.3B

Mindray Medical will acquire a 21.12% stake in Huite Medical (Shenzhen Huite Medical) for approximately 6.652 billion yuan through its subsidiary Shenmai Holdings. The deal includes an additional 3.49% stake via a partnership.

- Type: Acquisition
- Announced: 2024-01-28
- Where: Shenzhen, Guangdong, China
- Value: $930.0M (6.65B CNY)
- Status: announced
- Products: medical devices, electrophysiology products
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Mindray Medical International Limited](https://endata.com/companies/75314.md) (acquirer)
- [Shenzhen Huite Medical Co., Ltd.](https://endata.com/companies/75315.md) (target)
- [Shenzhen Mai Holdings Co., Ltd.](https://endata.com/companies/75316.md) (acquirer)

## Sources

- [21jingji.com](https://www.21jingji.com/article/20240130/herald/6d1f83d2bd6eeca9d25c3a4d7756a776.html), 2024-01-30: "迈瑞医疗拟通过全资子公司深圳迈瑞科技控股有限责任公司协议收购惠泰医疗21.12%股份，转让金额合计为约66.52亿元"

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