Consolidation trend Nov 2005 · China
A.O. Smith continues serial roll-up of Chinese electric motor makers
The deal would be A.O. Smith's fourth acquisition of a Chinese electric motor manufacturer since 2001, indicating a sustained consolidation strategy in motor manufacturing.
“Yueyang Zhongmin would be A.O. Smith's fourth acquisition of a Chinese electric motor manufacturer since 2001.”
Entities
A.O. Smith Corp. · Acquirer
HVAC
Source: www.achrnews.com
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