M&A Deal Summary

JD Capital Acquires Modern Metal & Refining

On June 7, 2016, private equity firm JD Capital acquired manufacturer Modern Metal & Refining from EQT

Acquisition Highlights
  • This is JD Capital’s 1st transaction in the Manufacturing sector.
  • This is JD Capital’s 2nd transaction in China.

M&A Deal Summary

Date 2016-06-07
Target Modern Metal & Refining
Sector Manufacturing
Buyer(s) JD Capital
Sellers(s) EQT
Deal Type Secondary Buyout

Target

Modern Metal & Refining

Kwai Chung, China
Modern Metal is a aluminum die casting manufacturer in China and a major supplier of highly-engineered aluminum die casting products in the global automotive, climate control and industrial automation markets. Its customers include leading multinational companies in the USA, Europe and Asia.

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Buyer(S) 1

Buyer

JD Capital


Category Private Equity Firm
Founded 2007
PE ASSETS 300M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

JD Capital is a publicly-traded investment firm focused on minority share investments in companies throughout China. Broad areas of interest include consumer, healthcare, real estate, and advanced manufacturing. JD Capital is based in Beijing.


DEAL STATS #
Overall 2 of 2
Sector: Manufacturing M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
Country: China M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-31 Hong Kong Life Insurance Business - Ageas

Hong Kong, China

Hong King Life insurance business - provides Life insurance business in HK.

Buy €1.2B

Seller(S) 1

SELLER

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 80 of 194
Sector: Manufacturing M&A 9 of 11
Type: Secondary Buyout M&A Deals 25 of 61
Country: China M&A 4 of 8
Year: 2016 M&A 4 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-02 AcadeMedia

Stockholm, Sweden

AcadeMedia is an education company in Sweden with operations spanning pre and compulsory school, upper secondary school, and adult education. The company operates more than 150 schools and adult education units across Sweden and has approximately 2,500 employees and 45,000 students. AcadeMedia was founded in 1996 and is based in Stockholm, Sweden.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-07 Granngarden

Malmö, Sweden

Granngarden is a nationwide Swedish retailer offering products centered around gardening, animals, and nature. Granngarden was founded in 1880 and is based in Malmö, Sweden.

Sell -