M&A Deal Summary

TCL Electronics Holdings Acquires TCL Optoelectronics Technology Co.

On January 13, 2012, TCL Electronics Holdings acquired electronics company TCL Optoelectronics Technology Co. from TCL Technology Group

Acquisition Highlights
  • This is TCL Electronics Holdings’ 1st transaction in the Electronics sector.
  • This is TCL Electronics Holdings’ 3rd transaction in China.

M&A Deal Summary

Date 2012-01-13
Target TCL Optoelectronics Technology Co.
Sector Electronics
Buyer(s) TCL Electronics Holdings
Sellers(s) TCL Technology Group
Deal Type Add-on Acquisition

Target

TCL Optoelectronics Technology Co.

Huizhou, China
TCL Optoelectronics Technology principally engaged in the manufacturing, sale and maintenance of advanced display facilities and components, and is the first large screen LCD TV module plant established by a domestic Chinese enterprise. Currently, TOT is the Group’s key LCD module (including panels) supplier, accounting for approximately 30% of the Group’s total procurement volume in 2010.

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Buyer(S) 1

Buyer

TCL Electronics Holdings

Sha Tin, China

Category Company
Founded 1999
Sector Electronics
Employees32,603
Revenue 99.3B HKD (2024)
DESCRIPTION

TCL Electronics Holdings is an entity that manufactures television sets worldwide. TCL Electronics Holdings was incorporated in 1999 and is based in Sha Tin, Hong Kong.


DEAL STATS #
Overall 3 of 3
Sector: Electronics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 3 of 3
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-09-26 Huizhou TCL Mobile Communication Co.

Huizhou, China

TCL Mobile is one of the 27 authorized GSM handset manufacturers and one of the 20 authorized CDMA handset manufacturers in the PRC. TCL Mobile has achieved such enormous success since establishment.

Buy CN¥811M

Seller(S) 1

SELLER

TCL Technology Group

Huizhou, China

Category Company
Founded 1981
Sector Consumer Products
Employees71,067
Revenue 165.0B CNY (2024)
DESCRIPTION

TCL Technology Group is a consumer electronics enterprises in China with a global presence. TCL Technology Group was founded in 1981 and is based in Huizhou, China.


DEAL STATS #
Overall 1 of 1
Sector: Electronics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2012 M&A 1 of 1