2 Acquisitions of Companies in Chengdu

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Chengdu. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in Chengdu .

Chunsheng Pharmaceutical acquired by Kanghui Pharmaceutical

Details about the transaction:

Acquisition amount:

$8,023,619

Announcement:

30 November 2022

Details about the company:

Chunsheng Pharmaceutical is a maker of traditional Chinese medicine decoctions that does research and development.

Headquarter:

Chengdu, Sichuan, China

Where to find them:

Industry:

Health Care, Medical, Pharmaceutical

Details about the buyer:

Pharmaceuticals are produced by Shaanxi Kanghui Pharmaceutical.

Headquarter:

Xianyang, Shaanxi, China

Where to find them:

Moneywise Software acquired by Ufida Happiness Capital

Details about the transaction:

Acquisition amount:

$6,041,730

Announcement:

1 April 2004

Details about the company:

Personal bookkeeping, family bookkeeping, investing, and other topics are the main areas of concentration for Moneywise Software.

Headquarter:

Chengdu, Sichuan, China

Where to find them:

Industry:

Financial Services, Software

Details about the buyer:

Providers of information technology (IT) services include Ufida Happiness Capital.

Headquarter:

Beijing, Beijing, China

Where to find them: