M&A Deal Summary

FountainVest Partners Acquires Rokin

On February 25, 2021, private equity firm FountainVest Partners acquired transportation company Rokin from CJ Logistics

Acquisition Highlights
  • This is FountainVest Partners’ 1st transaction in the Transportation sector.
  • This is FountainVest Partners’ 7th transaction in China.

M&A Deal Summary

Date 2021-02-25
Target Rokin
Sector Transportation
Buyer(s) FountainVest Partners
Sellers(s) CJ Logistics
Deal Type Divestiture

Target

Rokin

Shanghai, China
Rokin is a third-party contract logistics company with core capabilities in cold chain, chemicals logistics and general cargo. Rokin was founded in 1985 and is based in Shanghai, China.

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Buyer(S) 1

Buyer

FountainVest Partners


Category Private Equity Firm
Founded 2007
PE ASSETS 4.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

FountainVest Partners is a private equity firm focused on investing in and acquiring companies in China. FountainVest is sector agnostic and seeks opportunities where it can partner with leaders operating in emerging industries. FountainVest Partners was formed in 2007 and is based in Hong Kong.


DEAL STATS #
Overall 8 of 11
Sector: Transportation M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: China M&A 7 of 8
Year: 2021 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-28 LBX Pharmacy

Changsha, China

LBX Pharmacy is an entity that operates a pharmacy store chain in China. LBX Pharmacy operates stores in 21 provincial markets. LBX Pharmacy was founded in 2001 and is based in Changsha, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-31 SPT Group

Kjeller, Norway

SPT Group provides a combination of software and consulting services to the international petroleum industry. The company's two main business activities are software development/sale and consulting work in multiphase flow and reservoir simulation. SPT Group was founded in 1989 and is based in Kjeller, Norway.

Buy -

Seller(S) 1

SELLER

CJ Logistics

Seoul, South Korea

Category Company
Founded 1930
Sector Transportation
Employees6,740
Revenue 12.12T KRW (2024)
DESCRIPTION

CJ Logistics provides advanced logistics solutions, systematic consulting based on TES capabilities, and network expansion initiatives through M&As. CJ Logistics was incorporated in 1930 and is headquartered in Seoul, South Korea.


DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2021 M&A 1 of 1