Lianyu Capital recently announced that its private equity investment fund and Xinchuang Group Co.,Ltd.have completed the acquisition of Haiwo Holdings Private Limited Liability Company("Haiwo").Hivol is a global manufacturer and supplier of hydraulic systems for mobile medium and heavy equipment.The total value of this acquisition is 525 million euros(approximately 5.06 billion yuan).

As an antitrust legal adviser in China,Gaopeng Law Firm assisted the acquirer in completing the relevant approval work for this acquisition in China.Lawyers Jiang Liyong and Li Yong from Gaopeng's antitrust law team are responsible for this transaction.

(This article is translated by software translator for reference only.)