Sanyo Trading Co., Ltd. has acquired a 100% stake in Bestrade Precision Singapore Pte. Ltd. for an undisclosed consideration.
Sanyo Trading Co., Ltd. is engaged in the trading of rubber, chemicals, machinery equipment, scientific equipment and automobile parts. Sanyo had a long standing relationship with Bestrade Precision Singapore and knew its client base, capabilities and potentials. This acquisition will strengthen the company's business position in Singapore.
Bestrade Precision Singapore Pte. Ltd. trades and distributes niche and specialty chemical products and other materials.
Oaklins' team in Japan acted as financial and due diligence advisor to the buyer in this transaction.
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