BDA Advises Larsen & Toubro on the Divestment of L&T Plastics Machinery to Toshiba Machine Co.
Business Development Asia LLC ("BDA") is pleased to report that its client, Larsen & Toubro Ltd (“L&T”), a diversified, publicly traded Indian engineering group, has entered into an agreement with Japan-based Toshiba Machine Co., Ltd (“TMC”) to divest its... - August 27, 2012
BDA Advises on the Sale of KDM to Superior Capital Partners
CoActive Technologies, the global industrial controls and components company, has successfully divested its interface solutions business KDM to Superior Capital Partners LLC (“Superior”), a Detroit-based private equity firm. Superior has acquired KDM as an add-on acquisition to its... - May 05, 2012
BDA Advises on the Sale of Sichuan Zhiqiang Food to Lunar Capital
Lunar Capital (“Lunar”), a China-focused private equity group, has acquired 60% of Sichuan Zhiqiang Food Co Ltd (“Zhiqiang” or “Joysun”), a leading instant walnut beverage manufacturer in China. The original management team of Zhiqiang will continue to hold the... - March 27, 2012
BDA Advises General Bearing Corporation on Divestment to SKF
Business Development Asia LLC is pleased to report that its client, General Bearing Corporation, will be acquired by SKF. GBC announced the signing of an agreement whereby SKF, a Swedish company, will acquire GBC and its subsidiaries, including the interests in its four manufacturing sites in China. - February 17, 2012
BDA and William Blair Announce Global Strategic Alliance
Business Development Asia LLC (BDA) and William Blair & Company today announced a global strategic alliance. William Blair has completed a growth capital investment in BDA, acquiring approximately 10% of BDA’s equity. Additional financial terms have not been disclosed. With this... - October 21, 2011
BDA Advises Materion on Acquisition of EIS Optics in China
Business Development Asia LLC ("BDA") is pleased to announce that its client, Materion Corporation (NYSE: MTRN; "Materion"), one of the world’s premier advanced materials companies, has acquired EIS Optics Limited from a group of financial investors including Fleming... - October 21, 2011
BDA Advises The Weir Group PLC on the Acquisition of the Valves Business of HIM Tech, Korea
BDA acted as exclusive financial advisor to Weir on this acquisition in Korea. It is BDA’s second transaction for Weir within 12 months. BDA also advised Weir on the acquisition of BDK in India in 2010. - June 24, 2011
BDA Advises Jiangsu Xinghe on Securing Strategic Investment from Baird and Investor Growth Capital Asia
Jiangsu Xinghe Group, advised by BDA, has entered into a strategic partnership with Baird Capital Partners Asia (“BCPA”) and Investor Growth Capital Asia (“IGCA”) for Jiangsu Xinghe Valve Co Ltd (“Xinghe Valve”) - June 07, 2011
BDA Advises Trivium Technologies on the Sale of the Brilliant Film IP Portfolio to N&F, Korea
Business Development Asia LLC ("BDA") has advised Trivium Technologies (“Trivium”), a Cleveland, Ohio-based display technology company, on the sale of its intellectual property (“IP”) portfolio of BRILLIANT Film, the company’s brightness enhancement film, to... - November 05, 2010
BDA Advises Cookson on the Divestment of Its Semiconductor Encapsulation Materials Business to Panasonic
Business Development Asia LLC ("BDA") is pleased to announce that its client, The Cookson Group plc, has agreed to divest its semiconductor encapsulation materials business to Panasonic Electric Works Electronic Materials Singapore Pte. Ltd, a newly established subsidiary of Panasonic... - November 04, 2010
BDA Advises Pfizer on Divestment of Animal Vaccine Business in China to Harbin Pharmaceutical
Pfizer Inc (NYSE: PFE), advised by Business Development Asia LLC, has sold its market-leading swine vaccine business in China to Harbin Pharmaceutical Group. - May 29, 2010
BDA Advises Rexel on Divestment of Asian Luxury Goods Business, HCL Asia
Business Development Asia LLC advised Rexel on the sale of HCL Asia, a luxury wholesaler, retailer and duty-free agent, to the DKSH Group, a privately held Swiss company and the leading Market Expansion Services provider focused on Asia. - March 09, 2010
Business Development Asia LLC Promotes Staff in Hong Kong, Mumbai, New York, Seoul and Shanghai
BDA has promoted bankers across the firm, as the crossborder M&A markets recover sharply - February 11, 2010
BDA Advises Molex on the Acquisition of Zhenjiang Tean in China
BDA represented Molex Inc (Nasdaq: MOLX and MOLXA) on the acquisition of Zhenjiang Tean Telecom & Appliances Co Ltd in Jiangsu, China. Tean manufactures radio frequency (RF) and microwave products for telecom markets. - November 19, 2009
BDA Partners with KITIA, an Agency of the Korean Government, to Advise on the International Growth of Korean Companies
BDA signed an MoU with KITIA, the Korea core Industrial Technology Investment Association. BDA and KITIA will work together to identify and execute acquisitions, alliances and investments for Korea's components and materials companies. - May 18, 2009
BDA Advises WestLB on the Divestment of Its Stake in the Tokyo Stock Exchange to Two Separate Buyers
German bank WestLB has reduced its exposure to the Japanese market, divesting its ownership position in the Tokyo Stock Exchange Group. BDA represented WestLB, identified buyers, and executed a successful sellside process - May 10, 2009
BDA Advises Arkema on Divestment of Chinese Functional Additives Business
Arkema, with BDA as its investment banker, sold its China ceramic opacifiers and polyester resin catalysts business to Hoe Seng Co of Singapore. - May 07, 2009
BDA Advises Areva on China JV with Xiamen Huadian
Areva T&D, advised by BDA, has formed a 55/45 JV with Xiamen Huadian Switchgear Co Ltd. The JV will manufacture medium and high voltage switchgear products. - December 19, 2008
BDA Advises UIB (Bahrain) on Acquisition of BWA Water Additives
Business Development Asia LLC ('BDA') acted as exclusive buy-side advisor to UIB on the acquisition of BWA Water Additives, structured as an Islamic Shari’a compliant transaction. - October 02, 2008
BDA Advises AREVA on Joint Venture in China with Shanghai Electric
BDA acted as exclusive financial adviser to AREVA on its power transformer JV with Shanghai Electric. - September 17, 2008
Langer Inc. Retains BDA to Advise on Strategic Alternatives for the Silipos Business
Business Development Asia LLC has been retained by Langer to advise on potential strategic alternatives for Silipos. This may include a sale of the business. - August 20, 2008
Bda Advises Molex on the Acquisition of AFlextech Inc in Taiwan
Business Development Asia LLC ("BDA") advised Molex Inc (NASDAQ: MOLX and MOLXA) on the acquisition of AFlextech Inc ("AFlextech"), a Taiwan-based flexible printed circuits manufacturer. The BDA team was led by Euan Rellie in New York and Paul DiGiacomo in Hong Kong. - July 05, 2008
BDA Advises DIC and Sun Chemical on China Transaction
Business Development Asia ("BDA") advised Sun Chemical and Dainippon Ink & Chemicals ("DIC") on their majority JV with Nantong Shanjing Metallic Pigments, a leading Chinese manufacturer of aluminum pigments. - February 03, 2008
BDA Advises U21Global on Sale of Cengage's 50% Stake to Manipal Universal Learning International
Business Development Asia LLC is pleased to announce that Manipal Education Group has acquired 50% of U21Global, the world's premier online graduate school, by purchasing the holding of Cengage Learning (formerly Thomson Learning). - November 22, 2007
BDA Advises Apar Industries, India, on the Sale of Its Polymer Division to Eliokem, France
Business Development Asia LLC ("BDA") advised Apar Industries Ltd (Apar), a publicly traded, Indian industrial group, on its agreement with France-based Eliokem International, an AXA Private Equity portfolio company which makes specialty chemicals, for the sale of Apar’s polymer business located in Valia (India). - November 03, 2007
Business Development Asia Advises Global Power Equipment Group on Divestment of Nanjing, China Boiler Business
Business Development Asia LLC ("BDA") announces that Global Power Equipment Group has agreed with A-TEC Industries, the sale of Global Power's China boiler business, located in Nanjing, China - September 19, 2007
BDA Advises Hercules on Acquisition of Specialty Surfactants Business of Dexter Chemical LLC
Business Development Asia (“BDA”) is pleased to announce that Hercules Incorporated (NYSE:HPC) has completed the purchase of the specialty surfactants business of Dexter Chemical LLC. BDA initiated, and advised Hercules on, this transaction. - August 30, 2007
BDA Advises Kennametal on Global Alliance with Kyocera
Kennametal has signed a global strategic product supply agreement with Kyocera, based in Kyoto, Japan, to include private labeling, cross-licensing, sales and marketing. BDA advised Kennametal on the agreement. - July 12, 2007
BDA Advises SigmaKalon on China Decorative Coatings Transaction
Business Development Asia LLC ("BDA") is pleased to announce that SigmaKalon has entered into a transaction to merge its Chinese Decorative business with Shanghai IVY Chemical Co Ltd ("IVY") resulting in an 85% ownership by SigmaKalon in the merged entity, to be called SigmaKalon IVY (Shanghai) Paints ("SK IVY"). SK IVY will make and sell decorative coatings in the Chinese market. BDA acted as exclusive financial advisor to SigmaKalon from transaction identification through to execution. - May 10, 2007
Business Development Asia Appoints New Representative Director for Japan, Moves to Larger Offices, and Forms New Japanese Entity
Business Development Asia LLC ("BDA") today announced growth initiatives in its Tokyo office. These reflect the firm's increasing commitment to Japan, and belief in Japan's strategic and economic importance. BDA recorded record revenues and profits worldwide in Q1 2007. BDA's Tokyo office has been reorganized as a newly incorporated Japanese joint stock company, called Business Development Asia Kabushiki Kaisha ("BDA KK"). BDA has appointed a new Representative Director in Tokyo. - May 05, 2007
Business Development Asia Promotes Executives in Asia and New York After Record Year in 2006
After once again recording record revenues and profits in 2006, its tenth anniversary year, Business Development Asia LLC ("BDA"), the international advisory firm, has announced several promotions among its professional staff. BDA is pleased to announce the following promotions:... - January 27, 2007