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Green barley wine wine in 144 million purchase of 90% equity settled

February 28, 2017

liquor manufacturers first case of mergers and acquisitions electricity supplier settled. Yesterday, green barley wine announced, has been with the era of wine wine industry (Beijing) Co. Ltd. (hereinafter referred to as the "wine") entered into an equity investment agreement, will invest 144 million yuan to acquire 90.55% stake in wine.

as the traditional liquor companies, green barley wine sales area mainly concentrated in Qinghai, Gansu and other places, according to the announcement, there are channels complementary to the acquisition.

for the wine network, the transaction also curve listed. Founded in 2012 in Beijing, Tianjin, the wine network in Shijiazhuang, Shanghai, Nanjing, Chengdu and other places to set up branches, and set up the chain store.

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