Qinai United Fiber (Shanghai)

China

Activity by year

2023202420252026

AcquisitionPartnership

Announcements · 3

Dec 2, 2023ACQUISITIONShanghai, China$34.7M
Luyang Energy-Saving Materials completes acquisition of Unifrax Shanghai
Shandong Luyang Energy-Saving Materials Co., Ltd. completed the acquisition of 100% equity of Qinai United Fiber (Shanghai) Co., Ltd. (Unifrax Shanghai) from UNIFRAX UK HOLDCO LTD for $34.735 million, with the transaction closing on November 30, 2023.
Shandong Luyang Energy-Saving Materials acquirer UNIFRAX UK HOLDCO LTD partner Qinai United Fiber (Shanghai) target #Specialty Chemicals paper.cnstock.com
Sep 5, 2023PARTNERSHIPChina
Unifrax Holding to transfer lithium battery ceramic fiber paper technology to Qinai Shanghai
Shandong Luyang Energy-Saving Materials signed a letter of intent with Unifrax Holding Co. for the transfer of technology for local production of lithium battery ceramic fiber paper to Qinai Shanghai, aiming for 100% local production within two years after the acquisition closes.
Shandong Luyang Energy-Saving Materials Unifrax partner Qinai United Fiber (Shanghai) partner #Specialty Chemicals paper.cnstock.com
Aug 18, 2023ACQUISITIONChina
Luyang Energy-Saving Materials to acquire 100% of Qinai Shanghai from Unifrax UK Holdco
Shandong Luyang Energy-Saving Materials Co., Ltd. agreed to acquire 100% of Qinai United Fiber (Shanghai) Co., Ltd. from UNIFRAX UK HOLDCO LTD. The acquisition was submitted for shareholder approval on September 6, 2023.
Shandong Luyang Energy-Saving Materials acquirer UNIFRAX UK HOLDCO LTD target Qinai United Fiber (Shanghai) target #Specialty Chemicals paper.cnstock.com

Dealingsⓘ

Acquired by

Shandong Luyang Energy-Saving Materials2× · 2023

Partners

Unifrax2023
Shandong Luyang Energy-Saving Materials2023

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