# Yankuang Energy to acquire 52.66% of SMT Scharf AG

Yankuang Energy (600188.SH) announced a cash acquisition of 52.66% of SMT Scharf AG, a German manufacturer of underground monorail auxiliary transport equipment, for approximately €32.17 million.

- Type: Acquisition
- Announced: 2024-03-01
- Where: Germany
- Value: $35.0M (32.2M EUR)
- Status: announced
- Products: underground monorail auxiliary transport equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [SMT Scharf](https://endata.com/companies/18207.md) (target)
- [Yankuang Energy Group Company Limited](https://endata.com/companies/75985.md) (acquirer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1080168.html), 2024-03-01: "公司拟现金收购SMT Scharf AG的52.66%股权，公司实际支付的转让价款合计约为3216.95万欧元。"
- [finance.ifeng.com](https://finance.ifeng.com/c/8XbHjZKKGNk), 2024-03-01: "兖矿能源公告，公司拟现金收购SMT Scharf AG的52.66%股权，公司实际支付的转让价款合计约为3216.95万欧元。"

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