M&A Deal Summary

BIMI International Medical Acquires Chongqing Guanzan Technology

On February 4, 2020, BIMI International Medical acquired distribution company Chongqing Guanzan Technology from Beijing Xin Rong Xin Industrial Development for 80M CNY

Acquisition Highlights
  • This is BIMI International Medical’s 1st transaction in the Distribution sector.
  • This is BIMI International Medical’s 0th largest (disclosed) transaction.
  • This is BIMI International Medical’s 1st transaction in China.

M&A Deal Summary
Date 2020-02-04
Target Chongqing Guanzan Technology
Sector Distribution
Buyer(s) BIMI International Medical
Sellers(s) Beijing Xin Rong Xin Industrial Development
Deal Type Divestiture
Deal Value 80M CNY

Target

Chongqing Guanzan Technology

Chongqing, China
Chongqing Guanzan Technology Co., Ltd. is a Chinese medical distributor with distribution channels covering over 4,000 pharmacies, over 4,000 clinics, 50 hospitals, and 130 pharmaceutical companies nationwide.

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Buyer(S) 1

Buyer

BIMI International Medical

Chongqing, China
Category Company
Founded 2000
Sector Business Services
Employees296
Revenue 12M USD (2022)
DESCRIPTION

BIMI International Medical is a provider of integrated energy conservation solutions utilizing energy-saving equipment, technical services, and energy management re-engineering project operations to a medical and health service. BIMI International Medical was founded in 2000 and is based in Dalian, China.

DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
Country (China) 1 of 1
Year (2020) 1 of 1

Seller(S) 1

SELLER

Beijing Xin Rong Xin Industrial Development

China
Category Company
Sector Distribution
DESCRIPTION

Beijing Xin Rong Xin Industrial Development Co., Ltd. is a distributor of medical products. Beijing Xin Rong Xin Industrial Development is based in China.

DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
Country (China) 1 of 1
Year (2020) 1 of 1
Mergr

Product

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