Jinyu Group to acquire two concrete companies in Shanxi

Jinyu Group, through its subsidiary Wenxi Company, intends to acquire 100% equity of Wenxi Commercial Mixed and Yuncheng Commercial Mixed from Shanxi Xinhaitian Industrial for a total consideration of 71.1335 million yuan. The acquisition aims to expand its commercial concrete business in southern Shanxi.

“Through this acquisition, Jinyu Group has further improved its commercial mixing layout in southern Shanxi”e.ccement.com

• 1 source
• e.ccement.comJinyu Group intends to acquire 100% equity of Wenxi Commercial Mixed and 100% equity of Yuncheng Commercial Mixed.Dec 11, 2024

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