# Shenyang Machine Tool to acquire three machine tool companies

Shenyang Machine Tool plans to issue shares to acquire 100% of Shenyang Machine Tool Zhongjie Friendship Factory and Shenyang Zhongjie Aerospace Machine Tool, and 78.45% of Tianjin Tianduan Press, from related parties.

- Type: Acquisition
- Announced: 2024-07-22
- Where: China
- Value: $239.0M (1.70B CNY)
- Status: announced
- Products: machine tools, presses
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Shenyang Machine Tool Zhongjie Friendship Factory Co., Ltd.](https://endata.com/companies/15011.md) (target)
- [Shenyang Machine Tool Group](https://endata.com/companies/17056.md) (acquirer)
- [Shenyang Zhongjie Aerospace Machine Tool Co., Ltd.](https://endata.com/companies/43618.md) (target)
- [General Technology Group Shenyang Machine Tool](https://endata.com/companies/46627.md) (partner)
- [General Technology Shenyang Machine Tool Group](https://endata.com/companies/76560.md) (partner)
- [General Technology Machine Tool Company](https://endata.com/companies/76561.md) (partner)
- [Zhongjie Factory](https://endata.com/companies/76562.md) (target)
- [Zhongjie Aerospace](https://endata.com/companies/76563.md) (target)
- [Tianjin Tianduan](https://endata.com/companies/76564.md) (target)
- [Tianjin Tianduan Press](https://endata.com/companies/78722.md) (target)
- [General Technology Group Machine Tool](https://endata.com/companies/78723.md) (partner)

## Sources

- [yicai.com](https://www.yicai.com/news/102201432.html), 2024-07-22: "沈阳机床：拟购买沈阳机床中捷友谊厂有限公司100%股权等"
- [ipo123.com.cn](http://www.ipo123.com.cn/archives/42618), 2024-09-02: "沈阳机床本次拟向通用沈机集团发行股份购买其持有的中捷厂100%股权、中捷航空航天100%股权，拟向通用机床公司发行股份购买其持有的天津天锻78.45%股权。"

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