Explore All 329 Divestiture Metals/Mining Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | January 10, 2018 |
| Target | Lishui Xincai Industrial Co. |
| Sector | Metals/Mining |
| Buyer(s) | Tantech Holdings |
| Sellers(s) | Shanghai Shicai Minerals Co. |
| Deal Type | Divestiture |
| Deal Value | 18M USD |
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| Category | Company |
|---|---|
| Founded | 1998 |
| Sector | Diversified |
| Employees | 69 |
| Revenue | 43M USD (2024) |
Tantech Holdings is a developer and manufacturer of bamboo-based charcoal products in China and internationally. It operates through three segments: Consumer Products, Trading, and Biofuel Energy. The company produces pressed and formed charcoal briquettes for use in grills, incense burners, and other applications under the Algold brand. It also offers Charcoal Doctor branded products, such as air purifiers and humidifiers, automotive accessories for air purification, underfloor humidity control, pillows and mattresses, wardrobe deodorizers, mouse pads and wrist mats, refrigerator deodorants, charcoal toilet cleaner disks, liquid charcoal cleaners, shoe insoles, and decorative charcoal gifts. Tantech Holdings was founded in 1998 and is based in Lishui, China.
| Deal Context for Buyer | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Metals/Mining | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| Country: China | 2 of 2 |
| Year: 2018 | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-02 |
Suzhou E Motors Co.
Zhangjiagang, China Suzhou E Motors Co., Ltd. is a designer, developer, manufacturer, and marketer of electric vehicles ("EVs"), EV powertrain components, parts, and accessories in China. |
Buy | $25M |
Shanghai Shicai Minerals Co., Ltd. is a designer, manufacturer and distribution of electric vehicles ("EVs"). Suzhou E Motors offers a wide range of EVs, including urban sanitary vehicles, electric logistics vehicles and mini tourist buses with current annual capacity of approximately 5,000 EVs.
| Deal Context for Seller | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Metals/Mining | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| Country: China | 1 of 1 |
| Year: 2018 | 1 of 1 |
| Size (of disclosed) | 1 of 1 |