Add-on Acquisition • Manufacturing

Vingroup JSC Acquires bq

On December 12, 2018, Vingroup JSC acquired manufacturer bq from Diana Capital

Acquisition Context
  • This is Vingroup JSC’s 1st transaction in the Manufacturing sector.
  • This is Vingroup JSC’s 1st transaction in Spain.
Investment Fate
  • bq went bankrupt in 2021.

Explore All 2886 Add-on Acquisition Manufacturing Deals - Search the Database Free


M&A Deal Summary

Date December 12, 2018
Target bq
Sector Manufacturing
Buyer(s) Vingroup JSC
Sellers(s) Diana Capital
Deal Type Add-on Acquisition

Target Company

bq

Madrid, Spain
bq is a Spanish company dedicated to designing, manufacturing, and marketing of mobile devices (e-readers, tablets, and smartphones). bq was formed in 2008 and is based in Madrid, Spain.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

Vingroup JSC

Hanoi, Vietnam

Category Company
Founded 1993
Sector Real Estate
DESCRIPTION

Vingroup JSC invests in, constructs, and trades in real estate properties in Vietnam. The company operates through Sale of Inventory Properties; Leasing Investment Properties and Related Services; Hospitality, Entertainment and Related Services; Health Care and Related Services; Education and Related Services; Manufacturing and Related Activities; General Contractor and Related Services; and Others segments. Vingroup JSC was founded in 1993 and is headquartered in Hanoi, Vietnam.


Deal Context for Buyer #
Overall 1 of 1
Sector: Manufacturing 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Spain 1 of 1
Year: 2018 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-26 bq

Madrid, Spain

bq is a Spanish company dedicated to designing, manufacturing, and marketing of mobile devices (e-readers, tablets, and smartphones). bq was formed in 2008 and is based in Madrid, Spain.

Sell -

Seller Profile 1

SELLER

Diana Capital

Madrid, Spain

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 400M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Diana Capital is a Spanish private equity group focused on providing growth or replacement capital to mid-sized companies. Diana generally invests €10 to €25 million per transaction and will consider opportunities in a variety of sectors. Prospective companies are typically market leaders with growth potential or family-controlled businesses in transition. Diana prefers control based positions. Diana Capital was formed in 2000 and is based in Madrid, Spain.


Deal Context for Seller #
Overall 6 of 6
Sector: Manufacturing 1 of 1
Type: Add-on Acquisition 5 of 5
Country: Spain 5 of 5
Year: 2018 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-09 Lumelco SA

Madrid, Spain

Lumelco SA is an independent air conditioning distributor, focused primarily on AC for domestic and professional use. Lumelco SA was founded in 1963 and is based in Madrid, Spain.

Sell -