M&A Deal Summary

Ionix Technology Acquires China Changchun Fangguan Electronic Technology Co.

On October 15, 2018, Ionix Technology acquired technology hardware company China Changchun Fangguan Electronic Technology Co.

Acquisition Highlights
  • This is Ionix Technology’s 1st transaction in the Technology Hardware sector.
  • This is Ionix Technology’s 1st transaction in China.

M&A Deal Summary

Date 2018-10-15
Target China Changchun Fangguan Electronic Technology Co.
Sector Technology Hardware
Buyer(s) Ionix Technology
Deal Type Add-on Acquisition

Target

China Changchun Fangguan Electronic Technology Co.

Changchun, China
China Changchun Fangguan Electronic Technology Co., Ltd. is a provider of an intelligent home central controls, electric vehicle on-board central control instruments and many other fields. China Changchun Fangguan Electronic Technology was founded in 1997 and is based in Changchun, China.

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Buyer(S) 1

Buyer

Ionix Technology

Shenzhen, China

Category Company
Founded 2011
Sector Technology Hardware
DESCRIPTION

Ionix Technology, Inc. is a provider of an intelligent electronic devices, on-board hydrogen fuel batteries and photoelectric display etc, but also has achieved an multi-industrial combination across high-end materials, micro-electronics, fine chemicals, modern optics and so forth.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2018 M&A 1 of 1