# Haier Biomedical to merge with RAAS Blood Products

Haier Group plans to merge its subsidiary Haier Biomedical with RAAS Blood Products, a major plasma-derived products producer, through a share issuance. The merger aims to create a leading biotechnology company.

- Type: Acquisition
- Announced: 2024-12-22
- Where: China
- Status: announced
- Products: laboratory refrigerators and freezers, blood products
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Haier](https://endata.com/companies/5126.md) (investor)
- [Haier Biomedical](https://endata.com/companies/81987.md) (acquirer)
- [RAAS Blood Products](https://endata.com/companies/81988.md) (target)

## Sources

- [www2.yicaiglobal.com](https://www2.yicaiglobal.com/news/chinas-haier-biomedical-to-merge-with-raas-to-upgrade-blood-products-chain), 2024-12-23: "Through this merger, Haier Biomedical aims to optimize its blood products industrial portfolio while capitalizing on synergies with RAAS to create a biotech company with sustainable growth potential."

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