M&A Deal Summary

Dah Chong Hong Holdings Acquires Li & Fung - Asia Distribution

On May 3, 2016, Dah Chong Hong Holdings acquired distribution company Li & Fung - Asia Distribution from Li & Fung for 350M USD

Acquisition Highlights
  • This is Dah Chong Hong Holdings’ 1st transaction in the Distribution sector.
  • This is Dah Chong Hong Holdings’ largest (disclosed) transaction.
  • This is Dah Chong Hong Holdings’ 1st transaction in China.

M&A Deal Summary

Date 2016-05-03
Target Li & Fung - Asia Distribution
Sector Distribution
Buyer(s) Dah Chong Hong Holdings
Sellers(s) Li & Fung
Deal Type Divestiture
Deal Value 350M USD

Target

Li & Fung - Asia Distribution

Hong Kong, China
Li & Fung - Asia Distribution engages in the distribution of consumer and healthcare products across Asia.

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Buyer(S) 1

Buyer

Dah Chong Hong Holdings

Hong Kong, China

Category Company
Founded 1949
Sector Diversified
Revenue 44.8B HKD (2015)
DESCRIPTION

Dah Chong Hong Holdings engages in the business of conglomerates with a special focus in Motor & Motor Related Business and Food & Consumer Products Business. Dah Chong Hong Holdings was founded in 1949 and is based in Hong Kong, China.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
Country (China) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Li & Fung

Kowloon, China

Category Company
Founded 1906
Sector Transportation
Revenue 11.4B USD (2019)
DESCRIPTION

Li & Fung is an integrated logistics company working to connect and simplify its customers’ supply chains. Li & Fung was formed in 1906 and is based in Kowloon, China.


DEAL STATS #
Overall 1 of 2
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 2
Country (China) 1 of 2
Year (2016) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-10 Whalen Furniture Manufacturing

San Diego, California, United States

Whalen is the platform providing branded consumer durables and services in North America.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-14 Li & Fung - Product Vertical Businesses

Hong Kong, China

Li & Fung - Product Vertical Businesses supplies clothing and other products to retailers worldwide. Li & Fung - Product Vertical Businesses was founded in 2015 and is based in Hong Kong, China.

Sell $1.1B