Industrials
Manufacturing continues to be a key economic growth driver across Asia. Asian manufacturers are increasingly using M&A to supplement their organic growth, diversify into new technologies and transform their business in the digital age.
Asian conglomerates are increasingly specializing, carving out and selling off non-core business lines to improve profitability and efficiency. Similarly, many multinational firms are streamlining their Asian operations focusing on sectors and geographies with defensible market share. This multi-faceted process has led to greater M&A opportunities and activity by both corporates and financial sponsors.
Simon Kavanagh
Partner, Head of Industrials
a portfolio company of
has been sold to
2023
Industrials
divested AGC Flat Glass to
2023
Industrials
divested Niigata fab to
Sangyo Sosei and Fukuoka Capital
2022
Industrials
divested Doosan Mecatec to a consortium of
and
2022
Industrials
Ngoc Nghia has been acquired by
2022
Industrials
a portfolio company of
has been acquired by
2022
Industrials
divested Toshiba Transmission & Distribution Europe to
2022
Industrials
acquired NEC Energy Solutions from
2022
Industrials
divested ASG Print to
and
2021
Industrials
Doosan Heavy Industries & Construction has divested Doosan Engineering & Construction to
a private equity consortium
2021
Industrials
a portfolio of
has been acquired by
2021
Industrials
a portfolio company of
has been acquired by
2021
Industrials
divested India business to
2021
Industrials
a portfolio company of
divested majority stake to
2021
Industrials
divested 100% stake to a leading European water company
2021
Industrials
divested 70% stake to
a subsidiary of Siam Cement
2021
Industrials
a portfolio company of
has been acquired by
Shanghai Wanye Enterprises
2020
Industrials
established JV with
2020
Industrials
divested ThiPha Cable and Dovina to
2020
Industrials
Beijing Jingcheng Machinery Electric divested
Nagano Industry to
2019
Industrials
Nippon Oil Pump a portfolio company of
has been acquired by
2018
Industrials
a portfolio company of
has been acquired by
2018
Industrials
divested its 49% stake in Mitsubishi Motors Philippines to
2018
Industrials
Donghae Machinery and Aviation divested 80% stake to
2018
Industrials
a portfolio company of
has been acquired by
2018
Industrials
acquired roller coaster manufacturer
Vekoma Rides
2018
Industrials
a portfolio company of
has been acquired by
2018
Industrials
Taiheiyo Seiki a portfolio company of
has been acquired by TKY K.K.
2017
Industrials
acquired 75% of
Zhejiang Maximal Forklift Truck, China
2017
Industrials
issued equity to China National Heavy Duty
through its wholly owned subsidiary
Sinotruk
2017
Industrials