1. Home >
  2. M&A >
  3. Buyout (LBO, MBO, MBI) >
  4. China >
  5. Trustar Capital Acquires Amoy Food

M&A Deal Summary

Trustar Capital Acquires Amoy Food

On February 15, 2019, private equity firm Trustar Capital acquired e-commerce company Amoy Food

Acquisition Highlights
  • This is Trustar Capital’s 2nd transaction in the E-Commerce sector.
  • This is Trustar Capital’s 14th transaction in China.

M&A Deal Summary
Date 2019-02-15
Target Amoy Food
Sector E-Commerce
Buyer(s) Trustar Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Amoy Food

Hong Kong, China
Amoy Food is a household brand for Asian foods in global Chinese community with long history of seasonings/sauces and frozen food market. Amoy Food serves both foodservice and retail customers across over 40 countries with deep roots in Hong Kong, the U.S., Mainland China, and Europe. Amoy Food was founded in 1908 and is based in Hong Kong, China.

Search 205,615 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Trustar Capital

Hong Kong, China

Investor Investor Investor Investor

Category Private Equity Firm
Founded 1978
PE ASSETS 7.7B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Trustar Capital is the private equity arm of financial services/asset manager CITIC Group. Trustar Capital separates its private equity investment activity into three groups; China, Japan, and the US. In general, Trustar looks to invest in companies with 'strong franchises', with established brands and high barriers to entry. For US-based opportunities, the firm looks to leverage its connections in China. Broad areas of interest include niche manufacturing, consumer products, and business services. The Firm does not invest in start-ups or distressed businesses. Trustar Capital is based in Hong Kong.

DEAL STATS #
Overall 39 of 52
Sector (E-Commerce) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 16 of 17
Country (China) 14 of 22
Year (2019) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-19 AsiaInfo Technologies

Beijing, China

AsiaInfo Technologies is a provider of software and IT services to the telecommunications industry. Incorporating advanced technologies like Cloud and Big Data, company software enables telecom operators to gain a competitive edge. AsiaInfo Technologies was founded in 1993 and is based in Beijing, China.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-29 eBeauty

Hangzhou, China

eBeauty is a digital marketing and e-commerce service provider focusing on the beauty and personal care sector. eBeauty was founded in 2010 and is based in Hangzhou, China.

Buy -
Mergr

Product

Company

Legal