Home > M&A deals 2008 > Joy Global, Inc. acquires Wuxi Shengda Machinery Co., Ltd.
Divestiture · Machinery & Tools · December 2008

Joy Global, Inc. acquires Wuxi Shengda Machinery Co., Ltd.

On December 22, 2008, Joy Global, Inc. acquired Wuxi Shengda Machinery Co., Ltd., a machinery & tools company in China, from China Mining Machinery.

Deal at a glance

AnnouncedDecember 22, 2008 TypeDivestiture TargetWuxi Shengda Machinery Co., Ltd. Buyer Joy Global, Inc. Seller China Mining Machinery SectorMachinery & Tools LocationChina ValueMembers only

Target company

Wuxi Shengda Machinery Co., Ltd.
China
Machinery & Toolssector
-founded
Activestatus
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Buyer

Joy Global, Inc.
Company · 6 deals on record
  • 2nd transaction in machinery & tools
  • 1st transaction in China
6deals, all time
4in this sector
2014latest

Seller

China Mining Machinery
Company · 1 deal on record
1investments
1in this sector
1exits

Members only

Contact details at the buyers and sellers
The full deal history of every party
Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

Questions about this deal

Who acquired Wuxi Shengda Machinery Co., Ltd.?Joy Global, Inc. acquired Wuxi Shengda Machinery Co., Ltd. on December 22, 2008.

Who sold Wuxi Shengda Machinery Co., Ltd.?China Mining Machinery was the seller.

What type of deal was it?It was a divestiture in the machinery & tools sector in 2008.

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