BDA advises CDIB on sale of JINTEX via MBO

BDA Partners is pleased to announce that its client, CDIB Capital, has sold a majority stake in Jintex Corporation Ltd (“JINTEX”) to its founding family and existing management team, via a management buyout (“MBO”). 

BDA Partners acted as exclusive financial advisor to CDIB Capital on the transaction. Terms of the transaction were not disclosed.

JINTEX is a leading brand of sustainable auxiliaries in Asia. It develops, manufactures and sells specialty chemicals used in functional textiles, leather, electronics, and other industrial purposes.

Sabine Juang, Chief Executive Officer of JINTEX, said: “The transaction represents a significant milestone and the start of a new chapter for JINTEX. We’ve built strong confidence and proven success in several industries. We believe that specialty functional chemicals can contribute to the sustainability of our societies. We extend our sincere gratitude to CDIB Capital for their dedication and valuable partnership throughout our partnership.”

Steven Wu, Managing Director of CDIB Capital, said: “It’s been an exciting journey with JINTEX. Sabine and the management team have executed the company’s strategic vision with exceptional skill. We take pride in having supported JINTEX’s development in recent years. I also want to acknowledge the great efforts of the BDA team, whose professionalism, market insight, and unwavering commitment were instrumental in ensuring a seamless process.”

Anthony Siu, Partner and Head of BDA Shanghai, said “We’re proud to have supported CDIB Capital in this strategically significant transaction. The successful MBO of JINTEX underscores our ability to deliver tailored solutions, and to execute complex deals that align with our clients’ long-term objectives in the evolving market.”