1. Home >
  2. M&A >
  3. Divestiture >
  4. Germany >
  5. Fong s Acquires Monforts Group

M&A Deal Summary

Fong s Acquires Monforts Group

On June 1, 2012, Fong s acquired distribution company Monforts Group from Possehl L. & Co. mbH

Acquisition Highlights
  • This is Fong s’ 1st transaction in the Distribution sector.
  • This is Fong s’ 1st transaction in Germany.

M&A Deal Summary
Date 2012-06-01
Target Monforts Group
Sector Distribution
Buyer(s) Fong s
Sellers(s) Possehl L. & Co. mbH
Deal Type Divestiture

Target

Monforts Group

Monchengladbach, Germany
Monforts Group, is a supplier of textile finishing machines based in Mönchengladbach, Germany.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Fong s

Hong Kong, China
Category Company
Founded 1963
Sector Manufacturing
Employees1,840
Revenue 2.0B HKD (2024)
DESCRIPTION

Fong's is a specialist in the design, manufacture and sale of machinery and accessories for yarn and textile fabric dyeing and finishing. Fong's was incorporated in 1963 and is based in Hong Kong, China.

DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2012 M&A 1 of 1

Seller(S) 1

SELLER

Possehl L. & Co. mbH

Lübeck, Germany
Category Company
Founded 1847
Sector Construction
Employees11,658
DESCRIPTION

L. Possehl & Co. mit beschränkter Haftung operates in the construction, metals, elastomer, electronics, and machinery businesses worldwide.

DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-07 Tyco Electronics - Mechatronics Business

United Kingdom

Tyco Electronics - Mechatronics Business designs and manufactures customer-specific components, primarily for the automotive industry,

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-27 MGG Micro-Glühlampen Gesellschaft Menzel

Wentorf, Germany

MGG Micro-Glühlampen Gesellschaft Menzel GmbH develops and manufactures miniature incandescent lamps for 50 years that are mainly used in assemblies with very limited available space. The lamps are used most frequently for applications in the security engineering, medical technology, and aerospace industries as well as in the intelligence and defense industries. The lamps produced by MGG are frequently used as components for sensors that detect gases or assess the authenticity of banknotes, for example.

Buy -
Mergr

Solution for

Product

Company

Legal