Pacific Can (Fuzhou)

Announcements · 2

Jun 17, 2021ACQUISITIONQingdao, China$40.5M
Shengxing Holdings to acquire Qingdao Pacific Can for RMB 262 million
Shengxing Holdings (002752.SZ) plans to acquire all equity of Pacific Can (Qingdao) from Fuzhou Pacific Can Group for RMB 262 million, funded from its own resources, to expand its two-piece can business in Qingdao.
Pacific Can (Fuzhou) partner Shengxing Holdings acquirer Pacific Can (Qingdao) target #Packaging #Steel and Metal Products zhitongcaijing.com
Dec 1, 2020ACQUISITIONShenyang, Liaoning, China$25.9M
Shengxing Shares to acquire Pacific Can (Shenyang) for 171 million yuan
Shengxing Shares plans to buy 100% of Pacific Can (Shenyang) from Pacific Can (Fuzhou) for 171 million yuan in internal funds to expand its two-piece can business in northeast China; the related agreement was signed on 30 November 2020.
Shengxing Shares acquirer Pacific Can (Shenyang) target Pacific Can (Fuzhou) partner #Packaging zhitongcaijing.com

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