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  5. Greenland Technologies Holding Acquires Zhongchai Holding Limited

M&A Deal Summary

Greenland Technologies Holding Acquires Zhongchai Holding Limited

On July 12, 2019, Greenland Technologies Holding acquired machinery company Zhongchai Holding Limited

Acquisition Highlights
  • This is Greenland Technologies Holding’s 1st transaction in the Machinery sector.
  • This is Greenland Technologies Holding’s 1st transaction in China.

M&A Deal Summary
Date 2019-07-12
Target Zhongchai Holding Limited
Sector Machinery
Buyer(s) Greenland Technologies Holding
Deal Type Add-on Acquisition

Target

Zhongchai Holding Limited

Hong Kong, China
Zhongchai Holding (Hong Kong) Limited is a developer and manufacturer of transmission products for material handling machineries in China. In addition, Zhongchai Holding has developed robotic cargo carriers, which it plans to produce and sell in the near future.

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Buyer(S) 1

Buyer

Greenland Technologies Holding

East Windsor, New Jersey, United States
Category Company
Founded 2006
Sector Financial Services
Employees345
Revenue 84M USD (2024)
DESCRIPTION

Greenland Technologies Holding is a blank check company formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses or entities. Greenland Technologies Holding was founded in 2006 and is based in East Windsor, New Jersey.

DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2019 M&A 1 of 1
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