21 May 2018
BDA advises Donghae Machinery & Aviation on sale to JKL Partners
Divested 80% stake to JKL Partners
2018
BDA Partners is pleased to announce that its client, Chang Hak Yang, CEO and founder of Donghae Machinery and Aviation (“Donghae”), has agreed to divest 80% stake in Donghae to JKL Partners (“JKL”). The value of the transaction is not disclosed.
BDA, together with KPMG, acted as a joint financial advisor to Donghae on the transaction.
Donghae manufactures special purpose vehicles for commercial use in Korea. It offers aerial lift truck, bucket truck, crane truck, as well as a variety of aviation products. Its end customers are in diverse industries including telecoms, utilities and government. The company exports to China and Southeast Asian countries such as the Philippines. The Company was founded in 1981 and is based in Gongju, Korea.
Recent transactions
Divested majority stake in STS Group to Adler Pelzer Group
2021
Divested 100% stake to a leading European water company
2021
Divested 70% stake to SCG Packaging
2021
Divested Compart Systems to Shanghai Wanye Enterprises
2020
Established JV with Superior Essex
2020
Divested ThiPha Cable and Dovina to Stark Corporation
2020
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 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