New Island Development Holdings has been acquired by Huajun International Limited
The shareholders of New Island Development Holdings Limited, based in China, have sold a 62.62% stake in the company to Huajun International Limited for a total consideration of US$75.08 million.
New Island Development Holdings Limited is principally engaged in the sale and manufacturing of high quality multi-colour packaging products, carton boxes, books, brochures and other paper products; provision of finance; securities and investments; and property investments.
Huajun International Limited is principally engaged in real estate development, logistics services and investment advisory services in the PRC.
Oaklins' team in Hong Kong acted as an independent financial advisor to the seller in this transaction.
Talk to the deal team
Related deals
Global Transport Solutions has acquired Ship Spares Logistics
Global Transport Solutions has acquired Ship Spares Logistics from Burando Maritime Services.
Learn moreCaliber.global attracts investor Capital A for next growth phase
The shareholders of Caliber.global, a leading tech-enabled fourth-party logistics (4PL) supply chain and management company with deep expertise in the market of construction supply chain management, have agreed to sell a majority stake to Capital A. By partnering with Capital A, Caliber.global will be able to further expand its global footprint and accelerate its growth potential.
Learn moreZephyr Group has acquired PK OEM Parts
Zephyr Group has acquired PK OEM Parts. With the entry of PK OEM Parts, Zephyr Group aims to achieve a consolidated turnover of approximately US$65 million in 2023. The acquisition will allow an increase in the services and product range offered to customers by leveraging the group’s know-how and logistical capabilities. Furthermore, the acquisition represents a step forward in the growth and consolidation strategy that Zephyr Group started in 2018 with the acquisition of Spanish competitor SKV.
Learn more