M&A Deal Summary |
|
|---|---|
| Date | 2017-12-14 |
| Target | Li & Fung - Product Vertical Businesses |
| Sector | Consumer Products |
| Buyer(s) | Hony Capital |
| Sellers(s) | Li & Fung |
| Deal Type | Divestiture |
| Deal Value | 1.1B USD |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2003 |
| PE ASSETS | 13.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Hony Capital (Beijing) Co., Ltd. is a private equity firm focused on investment opportunities across China. The Firm targets buyouts and commercializations of Chinese state-owned enterprises as well as growth capital investments in rapidly-growing private Chinese companies. Hony's primary focus is within the construction materials, pharmaceuticals, construction machinery, retail, and consumer goods sectors, however, the firm will also consider opportunities in media/entertainment, financial services, energy, and resources. Hony is a long-term investor and is sponsored by Legend Holdings, parent of computer maker Lenovo amongst other properties. Hony Capital is located in Beijing, China.
| DEAL STATS | # |
|---|---|
| Overall | 35 of 41 |
| Sector: Consumer Products M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 3 of 3 |
| Country: China M&A | 27 of 31 |
| Year: 2017 M&A | 6 of 6 |
| Size (of disclosed) | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-11-01 |
Quanyi Health Pharmacy
Suzhou, China Quanyi Health Pharmacy is a retail pharmacy operation and management enterprise. It is committed to building a modern chain pharmacy that combines "product + service" online and offline. Quanyi Health Pharmacy was founded in 2016 and is based in Suzhou, China. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-01-01 |
ByteDance
Beijing, China ByteDance is an Internet technology company operating several machine learning-enabled content platforms. ByteDance was founded in 2012 and is based in Bejing, China. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1906 |
| Sector | Transportation |
| Revenue | 11.4B USD (2019) |
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 | 2 of 2 |
| Sector: Consumer Products M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: China M&A | 2 of 2 |
| Year: 2017 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-03 |
Li & Fung - Asia Distribution
Hong Kong, China Li & Fung - Asia Distribution engages in the distribution of consumer and healthcare products across Asia. |
Sell | $350M |
