Besides dental services, the target is in medical device technology development and wholesale and retail of medical devices.
Aoxin Q&M Dental Group plans to acquire a China-based dental group for RMB150 million, as part of its parent company Q&M Dental Group's expansion spree via acquisitions.
The target, which is not named, operates around 30 clinics in central region, manned by 80 dentists. Aoxin is currently actively in northeast China.
