M&A Deal Summary

Hyundai Green Food Acquires WiniaMando

On August 11, 2014, Hyundai Green Food acquired manufacturer WiniaMando from CVC Capital Partners for 146M USD

Acquisition Highlights
  • This is Hyundai Green Food’s 1st transaction in the Manufacturing sector.
  • This is Hyundai Green Food’s largest (disclosed) transaction.
  • This is Hyundai Green Food’s 1st transaction in South Korea.

M&A Deal Summary

Date 2014-08-11
Target WiniaMando
Sector Manufacturing
Buyer(s) Hyundai Green Food
Sellers(s) CVC Capital Partners
Deal Type Add-on Acquisition
Deal Value 146M USD

Target

WiniaMando

Asan-City, South Korea
WiniaMando, Inc. is a manufacturer of kimchi refrigerator and air-conditioning units for domestic use. The kimchi refrigerator is a specially designed chest freezer/ refrigerator used to ferment and preserve Korea staple food, kimchi, or pickled vegetables.

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Buyer(S) 1

Buyer

Hyundai Green Food

Yongin, South Korea

Category Company
Founded 1973
Sector Food
DESCRIPTION

Hyundai Green Food Co. Ltd. is a provider of food services. Hyundai Green Food was founded in 1973 and is based in Yongin, South Korea.


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (South Korea) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

CVC Capital Partners

Luxembourg, Luxembourg

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 177.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

CVC Capital Partners is a global private equity firm focused on investments in large companies located in Europe, North America, and Asia. CVC looks for opportunities with stable cash flows and talented management, and will consider businesses in a variety of industries. Target sectors include textiles, industrial products, waste management, building materials, energy/utilities, business services, financial services, distribution, healthcare, media, semiconductors, and gaming. CVC can handle transactions valued from €200 million to €10 billion. CVC Capital Partners was formed in 1981 and is based in Luxembourg.


DEAL STATS #
Overall 108 of 172
Sector (Manufacturing) 10 of 12
Type (Add-on Acquisition) 38 of 62
Country (South Korea) 5 of 5
Year (2014) 5 of 8
Size (of disclosed) 48 of 53
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-05 Zena Group

Aravaca, Spain

Zena Group is a Spanish casual dining and fast-food restaurant group, composed of a mix of owned brands such as Foster's Hollywood, Canas y Tapas, Il Tempietto, Nostrus, La Vaca Argentina (a recently acquired leading chain in the Steak House segment) and franchises, including Burger King, Pizza Hut and Kentucky Fried Chicken. Zena Group is based in Aravaca, Spain.

Sell €270M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-04 Stella Travel Services Group Pty

North Sydney, New South Wales, Australia

STS is an integrated distributor of travel product in Australasia, with around 7,000 staff in 12 countries and a network of 2,100 retail and corporate outlets under banners including Harvey World Travel, Travelscene American Express, Gullivers Travel, Transonic Travel, Travelbag and Global in the UK.

Sell -