Hultec’s acquisition of a local rubber company
Hultec is a multinational group that manufactures waterworks gaskets, pipe sealing/joining systems, mould… with headquarter in Texas, U.S. and operational presence in North, South and Center America, Australia. Hultec appointed Tri Viet to be the exclusive consultant company to manage its complete acquisition transaction in Vietnam in 2008. The target company is a local rubber company which focuses on manufacturing Joint & gaskets for water pipes.
At the end of 2008, a Transaction Agreement had been completed with total transaction value of about US$4 million and Hultec holds 51% stake of the acquired company.
Due Diligence
- Act as liaison between Hultec and the target company during due diligence process;
- Furnish full Investment report on target company, including: operations, commercials, financials, etc.
- Address and provide recommendations for vairous deal-related issues regarding tax, procedures, rights and responsibilities of parties, potential risks in pre- & post- acquisition process.
Post-acquisition Business plan, Pro forma FS and Deal Structure
- Evaluate contributed assets for joint venture;
- Complete detailed Pro forma financial statements for the entity post-acquisition;
- Recommend the most suitable capital structure.
Negotiation & Deal closing
- Assist the group with their negotiations, coordinate with related parties, manage transaction process;
- Assist both parties in preparing registratory documentation to submit to relevant office;
- Continues to assist Hultec during post-acquisition process.