BDA advises Kokido on sale to European strategic investor

BDA Partners is pleased to announce that it has advised the shareholders of Kokido on the sale of the company. Terms of the transaction were not disclosed.

BDA Partners was the exclusive financial advisor to Kokido on the transaction.

Established in 1991 and headquartered in Hong Kong, Kokido is a one-stop pool and spa maintenance solutions provider. It is a leading global designer and supplier of robotic pool cleaners, electric pool cleaners and other pool equipment and accessories.

The privately owned European acquiror is one of Europe’s leading water technology companies. It works to provide clients in private households, industries, commerce, hotels and municipalities with innovative, economic and ecological water treatment and technologies that ensure the highest standards of safety, hygiene and health in their daily contact with water. It offers modern treatment systems and services for drinking water, pharmaceutical and process water, water for heating, boilers and cooling, and water for air conditioning systems and swimming pools.

Simon Kavanagh, Partner & Head of Industrials, BDA Partners, said, “This transaction is another example of BDA’s ability to work seamlessly on cross-border M&A transactions despite the challenges brought by the pandemic. We have extensive experience in advising founders and private shareholders and we are delighted to have helped Kokido, its shareholders, and its employees find an excellent home.”