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  5. Shineco Acquires Western Xinjiang Tiansheng Agricultural Development Co.

M&A Deal Summary

Shineco Acquires Western Xinjiang Tiansheng Agricultural Development Co.

On November 16, 2017, Shineco acquired machinery company Western Xinjiang Tiansheng Agricultural Development Co.

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

M&A Deal Summary
Date 2017-11-16
Target Western Xinjiang Tiansheng Agricultural Development Co.
Sector Machinery
Buyer(s) Shineco
Deal Type Add-on Acquisition

Target

Western Xinjiang Tiansheng Agricultural Development Co.

China
Western Xinjiang Tiansheng Agricultural Development Co., Ltd. is a nursery and agricultural company provides advanced equipment in southern Xinjiang, 200 acres of modern all-glass greenhouse as well as 2,470 acres of planting land located in the Bosten Lake and Lotus Pool 5A scenic area.

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Buyer(S) 1

Buyer

Shineco

Beijing, China
Category Company
Founded 1997
Sector Consumer Products
Employees119
Revenue 10M USD (2024)
DESCRIPTION

Shineco is an integrated production, distribution and sales channels to provide health and well-being focused plant-based products in China. Utilizing modern engineering technologies and biotechnologies, Shineco produces, among other products, Chinese herbal medicines, organic agricultural produce and specialized textiles. Shineco was founded in 1997 and is based in Beijing, China.

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: 2017 M&A 1 of 1
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