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
Acquired by Indorama Ventures
2022
Divested Isuzu Glass to Basic Capital Management
2022
Divested Toshiba Transmission & Distribution Europe to Mutares
2022
Acquired NEC Energy Solutions from NEC Corporation
2022
Divested ASG Print to GPA Global and EQT
2021
Divested Doosan E&C to a private equity consortium
2021
Divested Walbro to Landon Capital & Nova Capital
2021
Divested PCI Limited to Celestica Inc
2021
Divested India business to IMC Swarnaa Ventures Pvt Ltd
2021
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