M&A Deal Summary

Zhejiang Haers Vacuum Containers Acquires SIGG AG

On February 9, 2016, Zhejiang Haers Vacuum Containers acquired consumer products company SIGG AG from Riverside

Acquisition Highlights
  • This is Zhejiang Haers Vacuum Containers’ 1st transaction in the Consumer Products sector.
  • This is Zhejiang Haers Vacuum Containers’ 1st transaction in Switzerland.

M&A Deal Summary

Date 2016-02-09
Target SIGG AG
Sector Consumer Products
Buyer(s) Zhejiang Haers Vacuum Containers
Sellers(s) Riverside
Deal Type Add-on Acquisition

Target

SIGG AG

Frauenfeld, Switzerland
SIGG produces aluminum drinking bottles. The bottles have earned a reputation for Swiss quality by standing up to use in challenging environments for the last 100 years. The company sells its products in over 40 countries in Europe, Asia and the Americas.

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Buyer(S) 1

Buyer

Zhejiang Haers Vacuum Containers

Yongkang, China

Category Company
Founded 1996
Sector Manufacturing
Employees5,278
Revenue 3.3B CNY (2024)
DESCRIPTION

Zhejiang Haers Vacuum Containers is a producer of high-quality stainless steel vacuum bottles and food containers. Zhejiang Haers Vacuum Containers was founded in 1996 and is based in Yongkang, China.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

Riverside

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1988
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Riverside Company is a global private equity firm that seeks investments in profitable lower middle-market companies valued under $400 million. Riverside looks to invest in growth businesses headquartered in North America, Europe, and Asia (primarily Japan and South Korea), that have been in operation for at least five years. Riverside targets investments in a wide array of industries including distribution, automotive, healthcare, education, manufacturing, software, consumer services, plastics, publishing, food, communications, marine, and business services. Riverside was formed in 1988 and is based in New York City.


DEAL STATS #
Overall 107 of 207
Sector: Consumer Products M&A 4 of 8
Type: Add-on Acquisition M&A Deals 44 of 86
Country: Switzerland M&A 2 of 2
Year: 2016 M&A 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-11 Kasasa

Austin, Texas, United States

Kasasa is a provider of software products, online marketing, and data-driven consulting solutions to community financial institutions. Kasasa is based in Austin, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-19 HRA Pharma

Châtillon, France

HRA Pharma is a pharmaceutical company that designs products, devices, and supporting services in niche areas of health and makes them available to doctors and patients worldwide. HRA Pharma was founded in 1996 and is based in Châtillon, France.

Sell -