BDA Advises on Five Cross-Border Deals in One Week
New York, NY, September 07, 2012 --(PR.com)-- Business Development Asia (“BDA”) advises clients on five cross-border transactions signed or announced last week, involving companies from China, India, Japan and Korea, as well as Europe and the US.
Transactions included:
· Advised Larsen &Toubro (India) on the divestment of its plastics machinery subsidiary, L&T Plastics Machinery, to Toshiba Machine Co. (Japan)
· Advised MKS Instruments, Inc (USA) on the acquisition of Plasmart (Korea)
· Advised Totoku Electric (Japan) on the formation of a joint venture with Belton Technology Group (Hong Kong)
· Advised the Sellers of a majority stake in Miljobil Grenland AS (Norway) to Electrovaya Inc (Japan)
· Advised a Fortune 500 Company (USA) on the acquisition of a specialty chemical market leader in East China
Charlie Maynard, Euan Rellie and Andrew Huntley, Senior Managing Directors, commented “Advising on five control deals signed in one week, one in each of Asia’s four largest economies and one involving an Asian party in Europe, is a feat we believe has not been achieved before. It demonstrates the strength of the M&A advisory platform that BDA has built across Asia. With more than 60 professionals and 16 years of history, BDA now has one of the largest and most established M&A teams in the region.”
“We have seen a significant increase in Asian M&A activity, underpinned by sophisticated buyers and sellers. Our pipeline for H2 2012 and 2013 remains very strong indicating the increasing globalization of the middle market, and the importance of Asia.”
About BDA
Business Development Asia LLC ("BDA") is a leader in cross-border investment banking. BDA advises on M&A, capital raising, and restructuring. BDA has been consistently owned and managed by the same team since 1996, and has built a track record of providing independent advice to blue-chip corporate and financial sponsor clients from North America, Europe and Asia. BDA was named Investment Banking Firm of the Year by M&A Advisor in December 2010. BDA is headquartered in New York with offices in London, Beijing, Shanghai, Hong Kong, Mumbai, Bahrain, Seoul and Tokyo. For further information, please see www.bdallc.com.
Transactions included:
· Advised Larsen &Toubro (India) on the divestment of its plastics machinery subsidiary, L&T Plastics Machinery, to Toshiba Machine Co. (Japan)
· Advised MKS Instruments, Inc (USA) on the acquisition of Plasmart (Korea)
· Advised Totoku Electric (Japan) on the formation of a joint venture with Belton Technology Group (Hong Kong)
· Advised the Sellers of a majority stake in Miljobil Grenland AS (Norway) to Electrovaya Inc (Japan)
· Advised a Fortune 500 Company (USA) on the acquisition of a specialty chemical market leader in East China
Charlie Maynard, Euan Rellie and Andrew Huntley, Senior Managing Directors, commented “Advising on five control deals signed in one week, one in each of Asia’s four largest economies and one involving an Asian party in Europe, is a feat we believe has not been achieved before. It demonstrates the strength of the M&A advisory platform that BDA has built across Asia. With more than 60 professionals and 16 years of history, BDA now has one of the largest and most established M&A teams in the region.”
“We have seen a significant increase in Asian M&A activity, underpinned by sophisticated buyers and sellers. Our pipeline for H2 2012 and 2013 remains very strong indicating the increasing globalization of the middle market, and the importance of Asia.”
About BDA
Business Development Asia LLC ("BDA") is a leader in cross-border investment banking. BDA advises on M&A, capital raising, and restructuring. BDA has been consistently owned and managed by the same team since 1996, and has built a track record of providing independent advice to blue-chip corporate and financial sponsor clients from North America, Europe and Asia. BDA was named Investment Banking Firm of the Year by M&A Advisor in December 2010. BDA is headquartered in New York with offices in London, Beijing, Shanghai, Hong Kong, Mumbai, Bahrain, Seoul and Tokyo. For further information, please see www.bdallc.com.
Contact
BDA
Euan Rellie
212-265-5300
www.bdallc.com
Euan Rellie
212-265-5300
www.bdallc.com
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