Translink acted as a financial advisor to Kiwa NV, from the Netherlands on the acquisition of BCC Inc, in China
Since 2005, Kiwa has been delivering product certification and agro-food inspections in China. By allying with BCC Inc. with more than 600 employees active in management system certification in China, Kiwa strengthens its platform in China through which various additional activities can be launched. While also obtaining the ownership of 50% in SNQA, a JV of BCC and NQA, Kiwa expands its TIC services to the automotive sector in several Asian-Pacific countries as well. Also, BCC can now develop into a full service TIC player in its home market with access to international trade, certification and CE-marking. Leveraging the complementary strengths of the three companies, Kiwa, BCC and SNQA, will allow to take advantage of new additional growth opportunities in the dynamic Asian TIC market environment and better support the challenges of worldwide trade of its customers. Paul Hesselink, CEO of Kiwa, said: “Kiwa is already active on three continents but with a clear intention to become a prominent player in China in order to service its customers with a wide variety of TIC activities, both for the Chinese home market as well as to facilitate international trade. By the merger with BCC, we believe to make a significant step forward. Moreover, Kiwa will help BCC to expand its activities beyond system certification and become an even stronger quality player in China itself”. Huang Quan, Chairman of BCC Inc. Said: “I’m very glad about this win-win strategic cooperation with Kiwa. BCC will further enrich its competitiveness in the certification business and enter into the lab testing field as new growing points. Meanwhile, BCC provides a solid foundation for Kiwa to expand into the China and Asia Pacific market. We also thank Translink CF for introducing such a high quality strategic partner to BCC. Even though Translink is advisor for the buy side, they acted fairly and were very experienced and managed professionally throughout the whole process.”
Contact our Team Members advising in this transaction:
Based in Amsterdam and Brussels, we act as exclusive partners of Translink in the Benelux. We are one of the leading M&A boutiques in the Benelux mid-market segment due to the extensive international reach of Translink. We offer companies, private owners and PE funds a wide range of corporate finance services, including advising on domestic and cross-border M&A transactions, equity and debt raisings, and valuations.
AntoineMoser
Partner
amoser@translinkcf.com
Trinergy M&A Advisory is the exclusive partner of Translink Corporate Finance in China and is the leading M&A boutiques in the Chinese market focusing on cross border M&As. Since its foundation more than 8 years ago, it has worked on transactions around the world including North and Latin America, Europe, Russia, Middle East, South Africa, Asia, Australia and New Zealand. Trinergy works mostly with its Translink partners involving controlling interests in different industries.