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Mandarin Capital Partners

Mandarin reaches first close on third China-Europe fund

China-Europe cross-border private equity firm Mandarin Capital Partners has reached a first close of EUR148 million ($163 million) on its third fund. The overall target is EUR250 million.

  • Greater China
  • 09 September 2019
Mandarin acquires Italian ceramics business

Europe-Asia cross-border private equity firm Mandarin Capital Partners has acquired a 100% stake in Italian household ceramics supplier Elios Ceramica.

  • Europe
  • 15 August 2017
Mandarin expands European team

Europe-Asia cross-border focused PE firm Mandarin Capital Partners has hired Inna Gehrt and Andrea Tuccio for its German and Italian offices, respectively.

  • Europe
  • 14 December 2016
Mandarin acquires Italian pharmaceuticals maker

Europe-Asia cross-border focused PE firm Mandarin Capital Partners has committed EUR16.4 million ($17.7 million) for a majority stake in Italian pharmaceutical manufacturer Mipharm.

  • Greater China
  • 08 December 2016
Mandarin commits $19.8m to Italy's Marval

Europe-Asia cross-border focused PE firm Mandarin Capital Partners has committed up to EUR18 million ($19.8 million) for a minority stake in Italian machine parts producer Marval.

  • Greater China
  • 10 March 2016
China cross-border industrial buyouts: Strategic rationale

Chinese outbound investment in advanced technology assets is soaring, but the patchy nature of deal flow underlines the gulf in class between those that aspire to do deals and those that get them done

  • Greater China
  • 02 March 2016
Mandarin closes second Sino-European fund at $217m

Sino-European GP Mandarin Capital Partners have closed its second middle-market fund at just under EUR200 million ($217 million).

  • Greater China
  • 14 January 2016
Deal focus: Mandarin, Zoomlion team up again in Italy

Having supported Zoomlion Heavy Industry Science & Technology acquisition of Italy’s CompagniaItalianaFormeAcciaio (CIFA) seven years ago, Mandarin Capital Partners (MCP) didn’t hesitate in suggesting that the Chinese construction machinery manufacturer...

  • Buyouts
  • 09 June 2015
Mandarin, Zoomlion to buy Italian water treatment firm

Mandarin Capital Management (MCP) has teamed up with Zoomlion Heavy Industry Science & Technology to acquire a 75% stake in Ladurner, an Italy-based waste treatment and environment firm, for EUR75 million ($82 million).

  • Greater China
  • 02 June 2015
Mandarin Capital exits Dagong Europe to Chinese JV partner

Mandarin Capital Partners has sold its 40% stake in a European credit ratings agency to joint venture partner Dagong Global Credit Rating. China-based Dagong is now the sole owner of the asset.

  • Exits
  • 11 December 2014
Mandarin Capital exits Italian chemical maker to Ardian

Mandarin Capital Partners has fully exited its stake in Italmatch Chemicals, an Italian chemical maker, to European private equity firm Ardian.

  • Greater China
  • 27 June 2014
Mandarin plans China expansion for Italian footwear textiles maker

Mandarin Capital Partners and Private Equity Partners have acquired control of Milan-based Industrie Chimiche Forestali SpA (ICF), which develops adhesives and special textiles for the footwear industry.

  • Greater China
  • 25 June 2014
GPs warn of 'China risk' in cross-border deals - AVCJ Forum

China cross-border deals are increasingly attractive to private equity investors but the risks involved, particularly given many domestic companies don't fully grasp international business culture, are considerable.

  • Greater China
  • 15 November 2013
Mandarin Capital exits IMA Group, has first close on Fund II

Mandarin Capital, a Chinese-Italian private equity fund, has sold its 7.57% stake in Bologna-based pharmaceutical machinery business IMA Group for EUR53 million ($69.7 million) and has made first close of its second fund on EUR110.5 million.

  • Exits
  • 04 September 2013
Mandarin Capital exits Italian valve component maker

Sino-European PE firm Mandarin Capital Partners has exited its 70% stake in Italian valves’ components producer Gasket International to Hutchinson, a French thermoplastics company. The Girelli family that founded the business has also sold its 30% shareholding....

  • Greater China
  • 05 August 2013
Mandarin Capital-backed Chinese credit rating JV to operate in Europe

Dagong Europe Credit Rating, a joint venture between Beijing-based Dagong Global Credit Rating and Mandarin Capital Partners, has won approval from the European Securities and Markets Authority (ESMA) to operate in Europe. It will become the first Chinese...

  • Greater China
  • 10 June 2013
Mandarin Capital opens in Frankfurt, expects first close on Fund II in June

Sino-European private equity firm Mandarin Capital Partners has extended its network in German-speaking regions by opening a new office in Frankfurt. The move comes as the firm nears a first close of around EUR200 million ($263 million) on its second...

  • Greater China
  • 09 May 2013
Chinese firms say red tape hinders M&A in Europe – survey

More than three-quarters of Chinese companies encounter operating difficulties in the EU while nearly half have been obstructed by regulatory issues, according to a survey by the EU Chamber of Commerce in China. The findings represent a mixed blessing...

  • Europe
  • 01 February 2013
europe-map
Project Europe: China targets high-end manufacturing

Chinese strategic investors are bidding up manufacturing assets in Europe. There is room for PE players to participate, but they will generate value by identifying high-tech targets early in the value chain

  • Greater China
  • 16 January 2013
Zoomlion's PE backers exit CIFA holdings for $236m

Chinese construction equipment maker Zoomlion has paid $236 million for equity interests held by Hony Capital, Goldman Sachs and Mandarin Capital Partners in the business unit that was used to buy Italy’s Compagnia Italiana Forme Acciaio (CIFA) in 2008.

  • Exits
  • 28 December 2012
Mandarin Capital opens offices in Beijing, Munich

Sino-European private equity firm Mandarin Capital Partners is opening two new offices in Beijing and Munich, Alberto Forchielli, the firm's founding partner, told AVCJ. The moves come as the PE player is in the process of raising its EUR1 billion ($1.3...

  • Fundraising
  • 27 November 2012
China investment in Europe surges in second quarter

China’s outbound direct investment reached $24 billion in the second quarter of 2012, up 67% year-on-year, according to a research published by Sino-European private equity firm A Capital. Investment in Europe – which accounts for 48% of total deals...

  • Greater China
  • 11 September 2012
Shandong Heavy invests $922m in PE-backed Kion

Weichai Power, a Chinese automotive and equipment manufacturer owned by Shandong Heavy Industry, will invest EUR738 million ($922 million) in Kion, the German forklift truckmaker backed by KKR and Goldman Sachs. It is the largest Chinese direct investment...

  • Greater China
  • 03 September 2012
Mandarin, Hony to support Zoomlion spin-off

Mandarin Capital Partners will team up with Hony Capital to finance the spin-off of Chinese construction equipment manufacturer Zoomlion's sanitation machinery business. It is one of two deals - together worth around EUR100 million ($125 million) - that...

  • Greater China
  • 31 August 2012
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