Truking Technology Co., Ltd. is the biggest supplier of pharmaceutical equipment in China and is especially strong in the field of aqua pharmacy equipment. The company currently owns a total assets of 2.8 billion RMB and over 2000 employees. The sales in 2016 exceeded 1  billion RMB. The company was listed on Shenzhen Stock Exchange  since 2014 (SHE: 300358).

• Buyer: Truking Technology Co., Ltd. ("Truking Technology") and its holding company Changsha Truking Investment Co., Ltd. ("Truking Investment"), and Hunan Pengpai Equity Investment & Management Service LLC ("Pengpai Investment")

• Seller: Deutsche Beteiligungs AG, a German private equity fund

• Target: Romaco is the world’s leading supplier of pharmaceutical machinery and automation solutions and ranks top in the field of powder granulation, airflow powder sub-packaging and tablet pressing technology. The current No. of employees is 550 and annual sales amounts up to 135 million EUR.

• Our service: Successful support in the whole M&A process as exclusive M&A buyer consultant and co-investor, including design of acquisition structure, company valuation, preparation of the Indicative Offer, organization of due diligence, negotiations of legal documents and transaction price etc.

• Shares Purchase Agreement signed in April 2017

• Enabled the Buyer and the Seller to quickly exchange visits and establish mutual trust through outstanding early communication, locked a good bargaining position for the Buyer before the public sale process was started and finally succeeded in signing the contract.

• Dived deep into the final negotiations of transaction-related legal documents and transaction price etc., assisted in client in winning the greatest business interests efficiently in a very short time.

• The reasonable transaction structure on one hand reduced the client’s investment risk to a maximum degree and on the other hand retained huge potential of the further expansion and increase of the company’s business

• Through the transaction, Truking perfected its production line of pharmaceutical equipment and became one of the world’s leading enterprises within the industry and ranked first in the world in production value, production volume, plant scale, powder granulation technology, airflow powder sub-packaging technology and tablet pressing technology.