M&A Deal Summary

Dashang Group Acquires Harbin No.1 Department Store

On December 29, 2005, Dashang Group acquired retailer Harbin No.1 Department Store

Acquisition Highlights
  • This is Dashang Group’s 1st transaction in the Retail sector.
  • This is Dashang Group’s 1st transaction in China.

M&A Deal Summary

Date 2005-12-29
Target Harbin No.1 Department Store
Sector Retail
Buyer(s) Dashang Group
Deal Type Add-on Acquisition

Target

Harbin No.1 Department Store

Harbin, China
Harbin No.1 Department Store Ltd. is a privately held company operates departmental store.

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Buyer(S) 1

Buyer

Dashang Group

Dalian, China

Category Company
Founded 1992
Sector Retail
Employees8,160
Revenue 6.9B CNY (2024)
DESCRIPTION

Dashang Group is an entity which operates department stores, Xinmate supermarkets and other retail business. Dashang Group was incorporated in 1992 and is based in Dalian, China.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2005 M&A 1 of 1