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Your present location: Home >> Information Channel >> Industry Information >> Zanyu Technology intends to purchase 3 companies

Zanyu Technology plans to buy 3 companies

Release time: 2019/12/13 13:58:58 Click times: 1362

On December 11, Zanyu Technology, which is mainly engaged in surfactant daily chemicals and oleochemicals business, disclosed the "Announcement on Acquisition of Assets and Related Transactions".

The announcement shows that on December 11, Zanyu Technology entered into an agreement with Zhejiang Zanyu Kedi Equity Investment Partnership and the shareholders of Jiangsu Golden Horse Oil Technology Development Co., Ltd., agreeing that Zanyu Technology acquired Jinma Oil 60 held by Zanyu Kedi M & A Fund. % Equity at a transaction price of 108.06 million yuan.

On the same day, Zanyu Technology and Zanyu Kedi M & A Fund signed an agreement to agree that Zanyu Tech acquired 65% equity of Hubei Witton Biotechnology Co., Ltd. and 65% equity of Tianmen Chengxin Chemical Co., Ltd. The transaction price is 88.51 million yuan.

Zanyu Science and Technology, as the inferior limited partner of Zanyu Science and Technology M & A Fund, contributed 32.66% of the total investment amount. Zanyu Science and Technology M & A Fund is a related party of Zanyu Technology. This transaction constitutes a connected transaction.

It is understood that Jinma Oil mainly produces oleic acid, stearic acid, dimer acid, monoacid polyamide resin, polyamide curing agent and other products; Witton Bio and Chengxin Chemical both use natural oils as raw materials to produce fatty acids and their derivatives. Professional manufacturer of products.

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