Burckhardt To Acquire The Rest Of Shenyang Yuanda Compressor

DJ Slater

September 14, 2020

Burckhardt Compression has entered into a memorandum of understanding to purchase the remaining 40% of Shenyang Yuanda Compressor, a Chinese compressor manufacturer. Burckhardt, which purchased the 60% stake in March 2016, plans to exercise its call option for the 40% purchase in November.

Since the first acquisition, Burckhardt has…

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