Xuzhou Handler Special Vehicle Co., Ltd. (SZSE:300201) agreed to acquire Shanghai Graman International Fire Equipment Co., Ltd. for CNY 41.8 million on December 7, 2012. Shanghai Graman International reported total assets of CNY 120.98 million, net assets of CNY 21.95 million, total liabilities of CNY 99.03 million, operating revenues of CNY 117 million and net loss of CNY 5.2 million respectively in 2011.
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- Xuzhou Handler Special Vehicle Co., Ltd. agreed to acquire Shanghai Graman International Fire Equipment Co., Ltd. for CNY 41.8 million.