Successful Deals with PwC: Great Star

07 Jun 2018

PwC Corporate Finance advises Hangzhou Great Star Industrial Co. Ltd. on the acquisition of Lista Holding AG

Zurich | PwC Corporate Finance acted as lead advisor to Hangzhou Great Star Industrial Co. Ltd. (“GreatStar”) on the acquisition of Lista Holding AG (“LISTA”), the leading European manufacturer and distributor of high-quality workspace equipment and storage systems for the industrial and service sectors, from Capvis Equity II LP ("Capvis"), which acquired a majority stake in LISTA in 2006.

 

The acquisition of LISTA fits perfectly into our strategy. We are enthusiastic about the employees and the management of LISTA. The strength of its brand and its positioning in Europe are further success factors. LISTA enables GreatStar to significantly expand its European strategy, which will also allow LISTA to open up new markets. With the excellent position of LISTA in Europe, we will also be able to expand our market and product portfolio.

Champin Chou, majority shareholder, CEO and Chairman of the Board of Directors of GreatStar

Established in 1993, GreatStar is a cross-industry integrated enterprise mainly focusing on machinery manufacturing and hand tools. The company is headquartered in Hangzhou, China. The group achieved revenues of approximately USD 3bn and employs more than 11,000 people. GreatStar is one of the top 100 civilian-run enterprises in Zhejiang province and one of the top 500 civilian-run enterprises in China.

The PwC Team

Sascha Beer

Partner, Corporate Finance / M&A Leader, Zurich, PwC Switzerland

+41 58 792 15 39

Email

Nico Psarras

Partner, Transaction Services Leader, Zurich, PwC Switzerland

+41 58 792 15 72

Email

Jürg Niederbacher

Partner, Leader Private Clients, Zürich, PwC Switzerland

+41 58 792 42 93

Email

Adrian Jones

Partner, Leader Pension Consulting, People in Deals, Zurich, PwC Switzerland

+41 58 792 40 13

Email

Successful Deals with PwC

The Aventinus foundation acquires Le Temps SA from Ringier Axel Springer Suisse SA

Ringier Axel Springer Suisse SA is strategically refocusing its portfolio by selling Le Temps SA to Fondation Aventinus, effective January 1, 2021. The seller wishes to concentrate on its key publishing products. The acquisition of Le Temps by Aventinus, a non-profit foundation, will ensure the long term sustainability of the newspaper and safeguard its jobs. The editorial staff will move from Lausanne to Geneva.

Contact us

Marc Schmidli

Marc Schmidli

Partner, Deals and Valuations Leader, PwC Switzerland

Tel: +41 58 792 15 64

Martin Frey

Martin Frey

Partner, Corporate Finance / M&A, PwC Switzerland

Tel: +41 58 792 15 37

Nico Psarras

Nico Psarras

Partner, Transaction Services Leader, PwC Switzerland

Tel: +41 58 792 15 72

Sascha Beer

Sascha Beer

Partner, Corporate Finance / M&A Leader, PwC Switzerland

Tel: +41 58 792 15 39

Frank Minder

Frank Minder

Partner, Transaction Services, PwC Switzerland

Tel: +41 58 792 14 57

Claude Fuhrer

Claude Fuhrer

Partner, Deals Strategy & Operations Leader, PwC Switzerland

Tel: +41 58 792 14 23