Below are several news reports regarding some of the deals we have successfully completed in recent years:
News
Zhejiang Yinlun Mach CO LTD Acquires Setrab AB
Shenzhen Stock Exchange listed Yinlun, the leading company in China’s industry of automobile radiators, in the acquisition of Setrab with operations in Sweden and Poland, being a supplier of coolers to many of the world’s premium car brands, such as Aston Martin, Audi, Bentley, Ferrari, Lamborghini, Lexus, Lotus, Mercedes, Scania and Volvo. Yinlun, having 6,500 employees around the world with sales of EUR 641M (2018), will with the acquisition of Setrab lay a solid foundation for the internationalization of Yinlun and the establishment of an European R&D centre. External Source
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MedAware raises $8M toward ending prescription errors
MedAware, which uses algorithms to detect and eliminate prescription errors, said the company has raised $8 million in Series A funding. MedAware, an Israeli company with North American headquarters in Stamford, intends to use the funding, in part, to develop additional machine learning-enabled decision support solutions and make ongoing product improvements to cover more catastrophic types of errors. Other 2017 priorities include further establishing its North American footprint and expanding its number of electronic medical record (EMR) integrations in the U.S. MedAware also has received grants from Israel's Innovation Authority, among others, bringing the company's total funding raised...
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Print-Rite, Pelikan Forge 30-Year Licensing Agreement
Hong Kong (June 30, 2017) — Print-Rite, a leader in the manufacturing of printing consumables supplies, and Pelikan, a heritage worldwide known brand from Germany, have formed a 30-year licensing agreement. Effective July 1, Print-Rite will have the exclusive rights to manufacture high quality, unique patent safe cartridges using the Pelikan Brand. Pelikan Hardcopy will transfer all current trading to two new companies, one in Germany and the other in France, both of which will trade as PRP Solutions. Since the strength of the Pelikan brand and its sales and customer service are critical components in the development of reliable business over the years, Print-Rite is committed to...
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Hubei Forbon Technology to buy fertilizer firm PST Industries for up to 120 mln yuan
Hubei Forbon Technology Co Ltd ::* Says co enters into agreement to fully acquire a French fertilizer firm PST Industries at price of no more than 120 million yuan. External Source (Chinese only)
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Hubei Forbon Technology to set up China JV with Canada's Soiloptix Inc
Hubei Forbon Technology Co Ltd Says it plans to invest 76.5 million yuan ($11.11 million) to set up China joint venture with Canada's Soiloptix Inc. About Soiloptix Inc: The SoilOptix® scanner detects gamma radiation rays emitted by the soil to provide a complex picture of its condition at 335 points of data per acre, taken along with physical soil samples that are integrated into our readings to understand the variability in nutrients and textures across the field. SoilOptix® uses proprietary software to translate this information into high definition digital maps and generic shapefiles to be loaded into any GIS platform. The scan measures and maps all common nutrient...
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Hubei Forbon Tech to acquire 55 pct stake in Holland Novochem
Forbon to acquire 55% Holland Novochem B.V. China Hubei Forbon Technology Co., Ltd. announced on August 4 that it intends to acquire a 55% interest in Holland Novochem B.V. for EUR 17.79m (RMB 112m) through its Dutch subsidiary. According to an independent financial consulting firm, as of 30 April 2015, a 55% interest in Holland Novochem B.V. is equivalent to a net book value of RMB 14.265m, which, compared to the assessed value of RMB 123m, represents a value added rate of 760.49%. Founded in 1992, Holland Novochem focuses on the research, manufacturing, and sales of fertilizer additives. The company has established close ties with multiple renowned fertilizer manufacturers in Europe and...
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