Add-on Acquisition • Machinery

Shineco Acquires Western Xinjiang Tiansheng Agricultural Development Co.

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

Acquisition Context

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

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

Target Company

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 Overview 1

Buyer

Shineco

Beijing, China

Category	Company
Founded	1997
Sector	Consumer Products
Employees	119
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 Context for Buyer	#
Overall	1 of 1
Sector: Machinery	1 of 1
Type: Add-on Acquisition	1 of 1
Country: China	1 of 1
Year: 2017	1 of 1

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