M&A Deal Summary

New Dragon Asia Acquires Shandong Xinlongya Distribution Co.

On December 12, 2005, New Dragon Asia acquired distribution company Shandong Xinlongya Distribution Co.

Acquisition Highlights
  • This is New Dragon Asia’s 1st transaction in the Distribution sector.
  • This is New Dragon Asia’s 1st transaction in China.

M&A Deal Summary

Date 2005-12-12
Target Shandong Xinlongya Distribution Co.
Sector Distribution
Buyer(s) New Dragon Asia
Deal Type Add-on Acquisition

Target

Shandong Xinlongya Distribution Co.

China
Shandong Xinlongya Distribution Co. Ltd. is distribution of flour and related products in china.

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Buyer(S) 1

Buyer

New Dragon Asia

Longkou, China

Category Company
Founded 1999
Sector Distribution
Employees1,500
DESCRIPTION

New Dragon Asia Corp. is engaged in the milling, sale and distribution of flour and related products, including instant noodles and soybean-derived products, to retail and commercial customers throughout China.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2005 M&A 1 of 1