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.

Charles Maynard
Senior Managing Director
Established JV with Superior Essex
2019
Divested Nagano Industry to JAFCO
2019
Divested Nippon Oil Pump to CITIC Capital
2018
Divested Parador to HIL Limited
2018
Divested its 49% stake in Mitsubishi Motors Philippines
2018
Divested 80% stake to JKL Partners
2018
Divested Model Solution to Hankook Tire
2018
Acquired roller coaster manufacturer, Vekoma Rides
2018
Divested MFS Technology to DCP Capital
2018
Divested shares of Taiheiyo Seiki Holding to TKY
2017
Acquired 75% of Zhejiang Maximal Forklift Truck, China
2017
Issued equity to China National Heavy Duty/Sinotruk
2017
Divested China foodservice business to Huhtamaki
2017
Divested Indian compact construction equipment business to Manitou
2017
Divested UK compact construction equipment business to Groupe Mecalac
2016
Divested Facade Access Holdings to Alimak Group
2016
Divested King Koil China to Advent International
2016
Acquired Graphic Controls, USA
2016
Divested German CCE business to Yanmar
2016
Agreed to Divest Tri-Wall Holdings to Rengo
2016
Divested Doosan E&C HRSG to GE Power
2016
Divested 60% stake in Guizhou Jonyang Kinetics to GICAM
2016
Divested Thermal Printer business to TSC in Taiwan
2016
Divested AnaJet to Ricoh
2016