Industry Activities
EQT Greater China II sells PSM International
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2020-01-08
The EQT Greater China II fund (“EQT Greater China” or “EQT”) announced that it has signed an agreement to sell its entire stake in PSM International (“PSM” or “the Company”), a multinational leading fastener manufacturer, to Bulten AB (“Bulten”), a full-service provider of fasteners solutions to the international automotive industry.
Established in 1931, PSM International is a leading provider of fastening solutions to a diverse customer base in the automotive, notebook, mobile phone and general manufacturing industries. The business has a strong presence in the Asia-Pacific, Europe and US markets. With manufacturing facilities in China, Taiwan and the UK, PSM's products include a complete range of inserts for plastics, as well as multiple fastening solutions for sheet metal. PSM works with customers throughout the product life cycle, from design conception through product launch and general production.
EQT invested into PSM in 2007 and during EQT’s holding period, the corporate governance and management have been strengthened with the addition of key management hires and experienced board members. PSM has leveraged EQT’s network and expertise in the industrial sector to support the Company in further developing its manufacturing capabilities, sales channels and supplier networks.
Martin Mok, Partner at EQT Partners and Investment Advisor to EQT Greater China, commented: “During EQT Greater China’s ownership, PSM has continued to strengthen its cold-forming capabilities, upgrade production facilities, improve efficiency and expand sales and supplier networks. We are grateful for the insightful contribution of the board members and the management team's relentless pursuit of excellence and business development. We are convinced that PSM will continue its growth path with Bulten as their new partner.”
The transaction was signed on 20 December 2019.
瑞典殷拓
英蒔集團
併購
Bulten AB
扣件製造
汽車產業
EQT Greater China
PSM International
acquisition
fastener
automotive
扣件
國際展會
惠達雜誌
匯達實業
外銷媒合
廣告刊登
螺絲五金
五金工具
紧固件
台灣扣件展
印度新德里螺絲展
越南河內螺絲展
墨西哥瓜達拉哈拉螺絲展
美國拉斯維加斯螺絲暨機械設備展
波蘭克拉科夫螺絲展
義大利米蘭螺絲展
德國司徒加特螺絲展
wire Dusseldorf
FASTENER FAIR INDIA
FASTENER FAIR VIETNAM
FASTENER FAIR MEXICO
FASTENER POLAND
FASTENER FAIR ITALY
FASTENER FAIR GLOBAL
FASTENER WORLD
