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.
Simon Kavanagh
Partner, Head of Hong Kong, Head of Industrials
divested stake in
to
2024
formed strategic alliance with
2024
divested Doosan Power Systems India Private Limited to
2024
divested majority stake in
to
2024
divested Crefact to
2023
has acquired
2023
received investment from
2023
has been acquired by
2023
divested its European zipper division to
2023
a portfolio company of
has been sold to
2023
divested AGC Flat Glass to
2023
divested Niigata fab to
Sangyo Sosei and Fukuoka Capital
2022
divested Doosan Mecatec to a consortium of
and
2022
Ngoc Nghia has been acquired by
2022
a portfolio company of
has been acquired by
2022
divested Toshiba Transmission & Distribution Europe to
2022
acquired NEC Energy Solutions from
2022
divested ASG Print to
and
2021
Doosan Heavy Industries & Construction has divested Doosan Engineering & Construction to
a private equity consortium
2021
a portfolio of
has been acquired by
2021
a portfolio company of
has been acquired by
2021
divested India business to
2021
a portfolio company of
divested majority stake to
2021
divested 100% stake to a leading European water company
2021
divested 70% stake to
a subsidiary of Siam Cement
2021
a portfolio company of
has been acquired by
Shanghai Wanye Enterprises
2020
established JV with
2020
divested ThiPha Cable and Dovina to
2020
Beijing Jingcheng Machinery Electric divested
Nagano Industry to
2019
Nippon Oil Pump a portfolio company of
has been acquired by
2018