NARI Group Corporation

Activity by year

2017201820192020202120222023202420252026

AcquisitionInvestment

Aug 10, 2019INVESTMENTChina
State Grid of China mulls divesting equipment-making units
State Grid Corp. of China is considering divesting several equipment-manufacturing subsidiaries, including XJ Group Corp., Pinggao Group Co. Ltd., Shandong Electrical Engineering and Equipment Group Co. Ltd., and NARI Group Corp. The plan has been under discussion for over a year.
State Grid Corp. of China NARI Group Corporation target XJ Group target Pinggao Group Company Limited target Shandong Electrical Engineering and Equipment Group Co. Ltd. target #Electrical Equipment caixinglobal.com
Mar 27, 2017ACQUISITIONChina$2.73B
NARI Technology to acquire 87% stake in NR Electric for CNY 18.8 billion
NARI Technology signed a framework agreement to acquire an 87% stake in NR Electric from NARI Group Corporation and Shen Guorong for CNY 18.8 billion. The deal includes cash and stock, subject to regulatory approvals.
NARI Technology Co., Ltd. acquirer NR Electric Co., Ltd. target NARI Group Corporation partner Shen Guorong partner #Electrical Equipment marketscreener.com

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