Morgan Stanley Private Equity Asia (MSPEA) and the chairman of China Automotive Systems have submitted a take-private offer worth approximately $172 million for the NASDAQ-listed power steering components supplier.
Navis Capital Partners has sold Cherry Valley Group (CVF), a duck genetics supplier and a breeder of Peking ducks, to Beijing Capital Agribusiness Group (Sunlon) and CITIC Agri Fund Management for an undisclosed sum.
Big River Industries, an Australia-based construction materials manufacturer that Anacacia Capital took public three months ago, has bought industry peer Midcoast Timbers.
DCM Ventures has led a $31.8 million Series B round for 51Zhaoyou.com, a China-based B2B oil trading platform.
Private equity investor Dolma Impact Fund has committed $3.2 million to Swet Ganga Hydropower & Construction, a hydroelectric power provider in Nepal.
India’s Seaways Shipping & Logistics has bought back the entire 24% holding of private equity backer IDFC Alternatives following a decision to defer a previously planned domestic IPO.
EmergeVest has secured its debut exit with a $400 million trade sale of denim and garment maker JD United Manufacturer
Europe-Asia cross-border private equity firm Mandarin Capital Partners has acquired a 100% stake in Italian household ceramics supplier Elios Ceramica.
CHAMP Private Equity has sold Golding Group, an Australia-based provider of mining and civil infrastructure services that it has owned since 2008, to rival contractor NRW Holdings at an enterprise valuation of A$85 million ($66.9 million).
EmergeVest, a Hong Kong-based boutique PE firm established by two former executives from HSBC’s Asia principal investments division, has secured its first exit with the sale of apparel supplier JD United Manufacturing (JDU) to Taiwan-listed Roo Hsing.
EM3 AgriServices, a venture capital-backed equipment and operational support provider for the Indian farming industry, has raised a $10 million Series B funding round.
Chinese VC firm Yunqi Partners has led a RMB165 million ($25 million) extended Series B round for Baibu, a textile and fabrics B2B trading platform.
China’s dairy industry has experienced a dramatic fall from grace, driven by overhype at home and lower prices overseas. Investors that got in at the top of the market are considering their options
Japan’s Nissan Motor has agreed to sell its electric battery operations and production facilities to Chinese private equity firm GSR Capital. Financial terms were not disclosed.
Startupbootcamp has extended its network of industry-focused accelerators to 21 across 16 cities with the launch of a program for energy sector start-ups in Melbourne.
KKR has backed two divisions of Korea's LS Group - worth a combined $940 million - giving it exposure to an established auto parts business and a division that could prosper on the back of the electric car boom
US private equity firm Platinum Equity has agreed to acquire Fischer Tech, a Singapore-based components manufacturer for the electronics industry.
KKR has agreed to back automotive parts maker LS Automotive (LSA), a spin-out from Korean conglomerate LS Group, and to acquire the copper foil and flexible copper clad laminate business of LS Group affiliate LS Mtron.
Mekong Capital has made a partial exit from Loc Troi Group – formerly known as An Giang Plant Protection – as the Vietnamese agribusiness player went public. The company is also backed by Standard Chartered Private Equity (SCPE) and PENM Partners.
Singapore-based industrial technology company ST Engineering has launched a $150 million venture capital unit and associated start-up incubator.
CITIC Capital and 3i have together committed $265 million to Formel D with a view to helping the German auto testing and inspection business expand its footprint in Asia
Godrej Agrovet, the agri-business subsidiary of Indian conglomerate Godrej Industries, has filed for an IPO that will provide an exit for Singapore’s Temasek Holdings.
Momenta, a Beijing-based start-up that develops road sensors and mapping software for self-driving cars, has raised a $46 million Series B round of funding led by NIO Capital, an investment unit of local electric-vehicle maker NIO.
Australian mining services provider Bis Industries has reached a debt-to-equity restructuring agreement with creditors that will see current owner KKR relinquish its majority position.