Truking, Romaco, Eurasian Consulting-Eurasian Consulting

ReferencesReferences

Caymen Engley, GFH Sino-European M&A Fund and Eurasian Consulting together acquired Kranendonk

Client

Cayman Engley Industrial Co., Ltd. (“Cayman Engley”)
Cayman Engley is a renowned Chinese automobile supplier listed in Taiwan exchange (TPE:2239) with a current market capitalization of over USD 650 million and a total sales of approx. USD 500 million.

Guangzhou Financial Holdin(GFH) Sino-European M&A Fund
Guangzhou Finance Holding Sino-European M&A Fund is an overseas M&A buyout fund sponsored by Guangzhou Finance Holding Group, a state-owned investment platform of Guangzhou government who owns Bank of Guangzhou and other local financial institutions with a total asset of over USD 65 billion. The current size of the fund amounts to approx. USD 300 million.

Project outline

· Buyer: Cayman Engley Industrial Co., Ltd., Guangzhou Financial Holding Sino-European M&A Fund and Eurasian Consulting GmbH & Co. Beratungs KG (“Eurasian Consulting”)
· Seller: Kranendonk Holding B.V., the holding company of the Target
· Target: as a long-term business partner of ABB, Kranendonk Beheersmaatschappij B.V. is a global market leader in providing non-repetitive robot welding, cutting and assembly solutions and equipment with universal applications in steel-related industries. The annual sales of the company is approx.. 10 million EUR.
· Our service: Successful support in the whole M&A process as exclusive M&A buyer consultant, including drawing up of acquisition structure, company valuation, preparation of the Indicative Offer, organization and coordination of due diligence team and business negotiations etc.
· Shares Purchase Agreement signed on 30^th Nov., 2016

Highlights

· Through the transaction, Cayman Engley is able to upgrade its own automated production lines and enter the automation field
· Assisted GFH Sino-European M&A Fund in the successful completion of its first overseas investment project
· Full participation in the post-integration as the fund manager of GFH Sino-European M&A Fund as well as on of the co-investors, including assisting Kranendonk in the expansion of its products and technology in the Chinese market, integration of the management system and financial reporting system etc.

Prev：Truking successfully acquired Romaco Group Next：Fosun acquired private bank Hauck & Aufhäuser