CRRC Zhuzhou Electric Locomotive Research Institute

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Acquisition

Dec 13, 2016ACQUISITIONZhuzhou, China$41.0M
CRRC Times Electric to acquire Zhuzhou Converter Technology Research Center for CNY 283M
CRRC Times Electric agreed to acquire 100% of Zhuzhou Converter Technology National Engineering Research Center Co., Ltd. from its parent CRRC Zhuzhou Electric Locomotive Research Institute for approximately CNY 283 million, expected to close by December 31, 2016.
CRRC Times Electric acquirer CRRC Zhuzhou Electric Locomotive Research Institute target #Semiconductors and Industrial Electronics #Electrical Equipment beta.zhitongcaijing.com

Acquired by

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