Shenyang Machine Tool to acquire assets for 1.724 billion yuan

Shenyang Machine Tool announced plans to acquire 100% of Zhongjie Factory and Zhongjie Aerospace from General Technology Shenyang Machine Tool Group, and 78.45% of Tianjin Tianduan from General Technology Machine Tool Company, for a total of 1.724 billion yuan. The deal aims to expand its high-end product portfolio and resolve competition issues.

“本次交易有助于上市公司形成完善的产品矩阵，突出高端数控机床制造能力”stcn.com

• 1 source
• stcn.com沈阳机床拟收购中捷厂等资产 拓展高端产品谱系Apr 2, 2024

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