Great Star Tools Acquires Shop Vac

On December 24, Yestar Technology announced that it plans to increase its capital by US$50 million from its wholly-owned subsidiary, US Yestar, to acquire Shop-Vac, a well-known brand of vacuum cleaners in North America and related assets, at a transaction price of US$41.86 million. Shop-Vac is a well-known brand and manufacturer in the North American […]