Beijing Jingcheng Heavy Industry Co., Ltd. (\u201cJCHI\u201d) acquired Nagano Industry Co., Ltd. (\u201cNagano\u201d) based on a Civil Rehabilitation plan which had been approved by a majority of creditors and authorized by the Nagano District Court on December 27, 2011. BDA acted as financial advisor to Nagano on its sale process and strategy with respect to international parties.<\/p>\n
Established in 1968, Nagano is a major Japanese designer, manufacturer and distributor of construction machines sold under its own Nagano<\/em> and Hanix<\/em>brands, as well as manufacturing for OEMs. Nagano\u2019s main products include mini-excavators, aerial work platforms and crawler cranes. Nagano also designs and manufactures control equipment for construction machines. Nagano had filed for an application of commencement of Civil Rehabilitation procedures to the Court in May 2011.<\/p>\n JCHI is a subsidiary under Beijing Jingcheng Mechanical and Electrical Holding Company, an equipment manufacturing company established by Beijing Municipal Government and one of the 500 largest enterprises in China. It specializes in manufacturing, selling and exporting construction machineries, and maintains shareholdings in several companies in the construction machinery sector in China and overseas.<\/p>\n BDA Deal Team<\/strong>
\nJeff Acton, Managing Director, Tokyo
\nJeffrey Wang, Managing Director, Shanghai
\nNoriyuki Sonoda, Senior Advisor, Tokyo
\nShan Yue, Assistant Director, Shanghai
\nAlicia Cao, Analyst, Shanghai<\/p>\n