Mergers and Acquisitions
Assisting companies in planning and executing
great china mergers and acquisitions
Continental Engineering's acquisition of American Bridge Company
In 1989, Global Financial Services was retained by Continental Engineering to provide advisory services for the acquisition of American Bridge department of U.S. Steel in Pittsburgh. American Bridge,specializing in steel structure, had long served as a steel structure engineering and design company. Famous buildings for which it served as a contractor include the tallest building in the U.S., the Sears Tower in Chicago, as well as New York's Empire State Building, the Astrodome in Houston, and the San Francisco Bay Bridge.
China Synthetic Rubber's acquisition of a UK pharmaceutical firm,Glaxo's penicillin production plant
In July 1991, Global Financial Services represented China Synthetic Rubber in its purchase of Glaxo's Penicillin plant. The UK's Glaxo Pharmaceutical is the world's largest and one of the most renowned pharmaceutical companies, and its penicillin plant was one of the world's four main production sites. As China Synthetic Rubber pursued a diversification and internationalization development strategy, it intended to move into bio-chemicals and drug manufacturing business. This project to enter into the production of penicillin in Europe was the biggest and most important movement it took in this direction. It promised to bring great benefits to China Synthetic Rubber's business development in the future.
Merger of Grand Cathay Securities and BT Yuen Foong Securities
Grand Cathay Securities is an integrated securities firm with a stable operation. Given increasingly intense competition in the securities market, , the company aggressively sought to integrate with BT Yuen Foong Securities with an aim of expanding business scope, improving operational efficiency,and increasing financial capability. In order to carry out these plans and ensure its capital structure fit into its future developmental needs after the merger, Global Financial Services, after several contacts with both parties provided recommendations on the structure of the merged entity and the stock transfer price that facilitated the eventual successful merger.
Himag Magnetic's purchase of foreign technology
In February 1992, Global Financial Services was retained by Himag Magnetic to serve as the financial consultant for its intended purchase of production technology from abroad for soft ferrous oxide magnetic powder. Himag's objective was to manufacture electromagnetic materials urgently needed by the domestic electrical machinery, electronics, and information technology industries. Its original plan to build a factory for producing ferrous oxide-based materials was revised due to the shift of its target market from ferrous oxide magnets into magnetic components. In order to obtain the relevant technology, it retained GFS to approach companies with relevant technology and design to facilitate its entry into the field and become an important supplier of magnetic components to the electrical machinery and electronics
BOE's Technology Group's acquisition of
TPV Technology equity (2003)
TPV, a Hong-Kong listed company, was the 2nd largest Monitor
manufacturer in the world. GFS was retained by TPV's majority
controlling shareholder as financial adviser to dispose his
shares to BOE Technology Group Co., Ltd ("BOE").
TPV's acquisition of Philips OEM display
dept. & asset (2004)
In 2004, GFS was retained by TPV's majority controlling
shareholder - BOE Technology Group Co., Ltd. ("BOE")
as financial adviser to join TPV's acquisition of Phillips OEM
display business. After acquisition, TPV's Monitor Shipment
reached 35 million a year, and TPV becomes the biggest
monitor manufacturer in the world.
Carlyle group's acquisition of EMC
EMC is the
leading CATV Multiple System operator (MSO) with a combined
subscriber base of over one million in Taiwan. In 2006, GFS
was retained by EMC's certain shareholders as financial
advisor to sell their controlling shares to Carlyle group.