M&A Deal Summary

Chow Tai Fook Jewellery Group Acquires Alinta Energy

On March 16, 2017, Chow Tai Fook Jewellery Group acquired utilities company Alinta Energy from TPG for 4.0B AUD

Acquisition Highlights
  • This is Chow Tai Fook Jewellery Group’s 1st transaction in the Utilities sector.
  • This is Chow Tai Fook Jewellery Group’s 0th largest (disclosed) transaction.
  • This is Chow Tai Fook Jewellery Group’s 1st transaction in Australia.

M&A Deal Summary
Date 2017-03-16
Target Alinta Energy
Sector Utilities
Buyer(s) Chow Tai Fook Jewellery Group
Sellers(s) TPG
Deal Type Add-on Acquisition
Deal Value 4.0B AUD

Target

Alinta Energy

Sydney, Australia
Alinta Energy is an Australian energy company with interests in power station assets that are diversified by geographic region, fuel type, customers, and operating mode. Alinta Energy is based in Sydney, Australia.

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Buyer(S) 1

Buyer

Chow Tai Fook Jewellery Group

Hong Kong, China
Category Company
Founded 1929
Sector Retail
Employees36,100
DESCRIPTION

Chow Tai Fook Jewellery Group Limited, an investment holding company, manufactures and sells jewelry products. It offers mass luxury jewellery and high-end luxury jewellery products, including gem-set, gold, and platinum and karat gold products, as well as distributes watches of various brands.

DEAL STATS #
Overall 2 of 2
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Australia) 1 of 1
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-31 Hearts On Fire

Boston, Massachusetts, United States

Hearts On Fire Co. LLC is a provider of diamond jewelry products.

Buy -

Seller(S) 1

SELLER

TPG

Fort Worth, Texas, United States

Investor Investor Investor Investor

Category Private Equity Firm
Founded 1992
PE ASSETS 137.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.

DEAL STATS #
Overall 162 of 267
Sector (Utilities) 4 of 5
Type (Add-on Acquisition) 61 of 94
Country (Australia) 3 of 3
Year (2017) 3 of 9
Size (of disclosed) 19 of 71
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-01 Ambar

São Paulo, Brazil

Ambar is an emerging Brazilian construction systems integrator, providing modular housing solutions for low-income buyers through a lean, assembly-line approach to building. Ambar was founded in 2013 and is based in São Paulo, Brazil.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-24 ShangPharma

Shanghai, China

ShangPharma Corp. is a pre-clinical company with core capabilities based on strengths in organic chemistry. The company is one of the largest pre-clinical CROs in China with major clients including Lilly, Glaxo, and Pfizer.

Sell -
Mergr

Product

Company

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