According to statistics, the environmental protection market in February initiated a total of 8 mergers and acquisitions, with a transaction volume of approximately 2.93 billion yuan. Of these, 3 occurred in the hazardous waste sector and 2 were in the field of environmental protection equipment.
In the M&A market in 2017, mergers and acquisitions in the hazardous waste industry occurred frequently, and both transaction volume and volume hit new highs. In the year of 2018, the “Hazardous Waste” boom continued. Three environmental protection listed companies that launched hazardous waste mergers and acquisitions were not the first time. The layout of hazardous waste areas, and continue to increase the occupation of hazardous waste areas on the basis of the previous. And the field of environmental protection equipment is expected to replace hazardous waste as a new favorite 'darling' of mergers and acquisitions. The favorable policies have allowed CLP Environmental Protection, Central Equipment and other enterprises Increase its size in the field.
Open energy
On February 1st, Kaineng Energy’s wholly-owned subsidiary, Sun Energy Hong Kong, plans to acquire a 51% stake in Canadian water treatment equipment distributors for 4.41 million Canadian dollars (approximately RMB 22 million). It is reported that the target company’s control valves are in Canada and the United States. The market share is about 22.9% and 1.8%, respectively. The market share of liners in Canada and the United States is about 48.9% and 2.1% respectively. And Kai Energy is its largest supplier, and its purchases from the company in 2017 The amount accounts for approximately 50% of its total purchases. As a result, Kaieng Environmental is expanding its overseas market strategy through the implementation of mergers and acquisitions.
Yongqing Environmental Protection
Hunan Yongqing Environmental Protection Waste Disposal Co., Ltd., a wholly-owned subsidiary of Yongqing Environmental Protection, acquired 100% of Shanghai Desheng Enterprise Development Co., Ltd. and Hangzhou Fengdi Environmental Protection Engineering Co., Ltd., mainly for the purpose of indirectly holding Yunnan Dadi Fengyuan Environmental Protection Co., Ltd. 66 % equity. At present, the earth Fengyuan is mainly engaged in the harmless disposal and comprehensive utilization of hazardous wastes, with incineration, materialization, stabilization and solidification, safe landfill and comprehensive recycling treatment facilities, complete facilities, a total of 37 categories of dangerous waste Disposal qualifications.
Dadi Fengyuan is another major move of Yongqing Environmental Protection in the layout of hazardous waste disposal. Through the acquisition of Fengyuan, Yongqing Environmental Protection has successfully opened up the hazardous waste disposal market in Southwest China, further demonstrating its development strategy for pioneering the national hazardous waste market. In recent years, Yongqing Environmental has closely followed the pulse of the market and actively laid out two major high-prosperity industries, 'soil remediation' and 'solid waste disposal'.
Zhongdian Environmental Protection
Guoneng Environmental Protection, a wholly-owned subsidiary of China National Environmental Protection Corporation, acquired 60% of Changshu Tianwang Engineering Equipment Co., Ltd. through acquisition and capital increase. The company's main business is pressure vessel, petrochemical equipment manufacturing, chemical industry, power plant water treatment equipment development, design , Manufacturing, etc., while the main business of CEC Environmental Protection is water environmental governance, solid waste treatment, and flue gas treatment, etc. It has expanded its business into the field of environmental protection equipment through the acquisition of CEEC Environmental Protection to create an environmentally friendly high-end equipment manufacturing sector and enhance its industrial chain. Collaborative innovation and development.
Golden Circle Shares
Jinyuan Co., Ltd.'s wholly-owned subsidiary, Jinyuan Environmental Development, plans to increase the total amount of 30 million yuan in capital Xiangcheng Environmental Protection. After the capital increase is completed, the company holds 50% equity in Xiangcheng Environmental Protection. Xiangcheng Environmental Protection invests in the construction of Jining Biological Industry. The environmental protection company of the park hazardous waste disposal center project. At present, the project has obtained the “Environmental Impact Report Approval” issued by the Jining Environmental Protection Bureau. The project scale is 30,000 tons/year of incineration and 20,000 tons/year of materialization. Buried 20,000 tons/year.
Since 2016, Jinyuan has acquired many environmentally-friendly solid waste companies, and has been actively transforming into an environmental protection field. The area of hazardous (consolidation) waste disposal has always been the focus of its expansion. Jinyuan Group stated that it will carry out the environmental protection of Jining City through the holding of Xiangcheng Environmental Protection. The construction of the hazardous waste disposal center project is in line with the development direction of the company's environmental protection, further promoting the company's development in the hazardous waste disposal field, perfecting the company's environmental protection industry layout, and excavating the company's new profit growth point.
Zhonghao Shares
Sino Land Environmental Protection announced on February 9, 2018 that the company intends to purchase the entire equity of Guangzhou Menghui Electronic Technology Co., Ltd., Guangzhou Jimei Environmental Protection Technology Co., Ltd. and the 99% equity of Zengcheng Zhongling Chemical Plant (target company) respectively. Possible acquisitions.) The target company is mainly engaged in the treatment of copper-containing etching liquids. The total designed copper-containing etching liquid has a processing capacity of 61,000 cubic meters per year. The copper-containing etching liquid is classified as one of the hazards in the National Hazardous Waste Classification Standard. waste.
Sino Land Environmental Protection mainly consists of 29% of water treatment business, 18% of BOT construction revenue, 24% of sludge solid waste business and 23% of hazardous waste business. The company's development and development strategy is to focus more on improving pollution. Mud handling capacity and the expansion of certain types of waste. With the recent improvement in the operational efficiency of the target company and the processing volume has gradually increased compared with the commissioning operation, the company decided to proceed with the possible acquisition.
Colin Environmental Protection
Colin Environmental Protection announced on February 13 that the target company for this acquisition was Jiangsu Boen Environmental Engineering Complete Equipment Co., Ltd. The main business was atmospheric odor pollution control. Jiangsu Boehne is a domestic odor control (biological deodorization) field. Leading companies, relying on patented technologies such as biological soil filtration and deodorization, supplemented by box-type biofilter technology, ion deodorization technology, and other related technologies, provide odor control equipment and installation for downstream wastewater treatment, industrial wastewater treatment, and other downstream industries. Service. In addition, Jiangsu Boen also provides general contracting services for sewage treatment plants and VOCs control services for industrial production customers.
Colin Environmental Protection has completed initial discussions with the shareholders of Jiangsu Boen Environmental Engineering Complete Equipment Co., Ltd., and signed the intention purchase agreement, which plans to acquire 51%-80% of the shares in Jiangsu Bowen. The specific ratio is determined to be due for due diligence by the company. Determine it after completion.
Tianxiang Environment
On February 11, 2018, Tianxiang Environment and Deyang Pro China Environmental signed the "Intent Agreement for Acquisition of Shares". The target companies are Chengdu Shiraz and Deyang Avis. They are all responsible for resource recovery and environmental services. the company.
Among them, Chengdu Shilazi indirectly holds 60% of the shares of Oulubao Service Holdings Co., Ltd. and 49% of the shares of Oulubao Re-life Holdings Co., Ltd.; Deyang Avis indirectly holds 60% of Oulubao International Resources Recycling Co., Ltd. Equity.
Sheng Yun Environmental Protection
Shengyun Environmental Protection stated that this major asset reorganization was initially determined to purchase Tianhong Sunshine’s shares by way of issuing shares and paying cash. Initially, Tianhong Sunshine’s transaction price is expected to be around RMB 2 billion.
The restructured target Tianhong Sunshine is mainly engaged in project investment, investment management and other businesses. The actual controller is Huang Xiaohong. According to Tianhong Sunshine’s current unaudited financial data, Tianhong Sunshine’s 2017 revenue is expected to be approximately RMB 650 million to 9 Billion, 2017 net profit is expected to be about 100 million to 200 million yuan.
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In the M&A market, there is no shortage of hazardous waste industry. In 2017, the mergers and acquisitions incidents in the hazardous waste industry occurred frequently. Both the transaction volume and the volume were at a record high. On the occasion of the year of 2018, the upsurge of mergers and acquisitions in the hazardous waste industry remained unabated. With the favorable policies, the hazardous waste industry will become the 'new darling' in the environmental protection field, and the scale of mergers and acquisitions will gradually expand.
