Investment Summary

Guangzhou Shipyard International Co. and Glory Invest In United Steel Structures

On February 5, 2013, Guangzhou Shipyard International Co. and Glory invested in metals/mining company United Steel Structures from Canam

Investment Highlights
  • This is Guangzhou Shipyard International Co.’s 1st and Glory’s 1st transaction in the Metals/Mining sector.
  • This is Guangzhou Shipyard International Co.’s 1st and Glory’s 1st transaction in China.

Investment Summary

Date 2013-02-05
Target United Steel Structures
Sector Metals/Mining
Investor(s) Guangzhou Shipyard International Co.
Glory
Sellers(s) Canam
Deal Type Stake Purchase

Target

United Steel Structures

Guangzhou, China
USSL is one of the largest structural steel fabricators in China targeting global structural steel market. It takes full advantage of industry-leading technology and advanced equipment, extensive project management skills and high English proficiency, coupled with on-time, on-budget performance, and earns the trusts and supports from the worlds’ top clients in a variety of sectors across the globe.

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Investor(S) 2

Investor

Guangzhou Shipyard International Co.

Guangzhou, China

Category Company
Sector Marine
DESCRIPTION

Guangzhou Shipyard International Co. Ltd. owns one 40,000dwt and two 60,000dwt shipbuilding slipways, one 50,000dwt shipbuilding / repairing dry dock and 1466 meters shipbuilding quay, and possesses advanced pipe processing workshops, plate processing workshops, section fabrication workshops, large-scale workshops for special coating, broad pre-assembly field and several block production sub-contractors with good technical conditions. GSI can build various kinds of vessel under 60,000dwt in compliance with the rules & regulations of main international class societies. The annual shipbuilding capacity has been over 380 thousand dead weight tons with annual ship output over 10 vessels.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2013 M&A 1 of 1
Investor

Glory

Basingstoke, United Kingdom

Category Company
Sector Information Technology
DESCRIPTION

Glory is a provider of IT secure cash management solutions that provide the financial, retail, QSR, cash center, and gaming industries with confidence that their cash is protected and always working to help build a stronger business. Glory cash automation technologies and process engineering services help businesses in more than 100 countries optimize the handling, movement, and management of cash. Glory is based in Basingstoke, United Kingdom.


DEAL STATS #
Overall 2 of 9
Sector: Metals/Mining M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 2
Country: China M&A 1 of 1
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-09 Talaris

Basingstoke, United Kingdom

Talaris Ltd. designs, manufactures, sells and maintains cash management solutions with customers across the banking, retail and gaming sectors.

Buy £650M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-02 Advanced Transaction Systems

Auckland, New Zealand

Advanced Transaction Systems Ltd. is a provider of cash handling IT solutions to both the retail and banking industries.

Buy -

Seller(S) 1

SELLER

Canam

Point of Rocks, Maryland, United States

Category Company
Founded 1997
Sector Building Materials
Employees2,400
Revenue 1.7B USD (2021)
DESCRIPTION

Canam specializes in designing integrated solutions and fabricating customized products for the North American construction industry. Canam Group takes part in an average of 10,000 building, heavy steel and bridge projects, which can also include the supply of preconstruction and project management services. The Corporation operates 23 plants across North America and employs people in Canada. Canam was founded in 1997 and is based in Point of Rocks, Maryland.


DEAL STATS #
Overall 1 of 2
Sector: Metals/Mining M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-01 United Steel Structures

Guangzhou, China

USSL is one of the largest structural steel fabricators in China targeting global structural steel market. It takes full advantage of industry-leading technology and advanced equipment, extensive project management skills and high English proficiency, coupled with on-time, on-budget performance, and earns the trusts and supports from the worlds’ top clients in a variety of sectors across the globe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-29 Quincy Joist Co.

Buckeye, Arizona, United States

Quincy Joist Co. designs and manufactures open-Web steel joists. It offers steel joists, steel joist girders, long spans, steel girders, specialty joists, and steel decks.

Buy -