CNPLaw advises Symphony International Holdings Limited on its acquisition of equity stake in Indo Trans Logistics Corporation

Deals and cases

 

CNPLaw advises Symphony International Holdings Limited on its acquisition of equity stake in Indo Trans Logistics Corporation


Date Published: 16 July 2019




 

CNPLaw LLP (“CNP”) advised Symphony International Holdings Limited (“Symphony”), a London-listed strategic investment company, on acquiring a significant minority stake in Vietnam-based Indo Trans Logistics Corporation (“ITL”), through a wholly-owned subsidiary for a consideration of approximately US$42.6 million. This was achieved through a structured transaction entered into by the wholly-owned subsidiary of Symphony with Su Misura Pte. Ltd.

Symphony is managed by Symphony Asia Holdings Pte. Ltd. with the objective to provide superior capital growth by investing in high-quality companies and forming long-term business partnerships with talented entrepreneurs. ITL, founded in 2000 as a freight-forwarding company, has since grown to become one of Vietnam’s “national champions” and is the largest independent integrated logistics company with a network spread throughout Vietnam, Cambodia, Laos, Myanmar, and Thailand with more than 2,000 employees across its business units and joint ventures.

Amit R. Dhume, Partner at CNP said:

“We are pleased to be part of the ITL transaction, which shows growing interest of private equity players in Vietnam and the region. Logistics in Asia is an area of interest as well for private equity funds, and we are currently acting for another European private equity fund in its acquisition of logistics assets in Asia. We are well placed to cater to the requirements of private equity funds with our capabilities to assist them in the whole range of services in Asia – right from fund establishment and structuring to assisting in the downstream investments / M&A activity in the Asia Pacific region by working with our network of service providers in the region.”

 

CNPLaw’s Mergers and Acquisitions Lawyers

Amit Dhume Partner at CNPLaw LLP

Partner

Amit’s practice focuses on corporate law, investment funds, mergers and acquisitions and regulatory and compliance matters. He has over 15 years’ experience in these areas of law. Amit’s expertise has been recognised in Legal 500 Asia Pacific, 2020 as “Recommended Lawyer for Corporate and M&A as well as Investment Funds”. In December 2016, Amit was named by Singapore Business Review as one of the 70 most influential lawyers in Singapore under the age of 40.




Bill Jamieson is a Partner at CNPLaw LLP. Bill is an English lawyer who is also registered to practise Singapore law in the areas of corporate law, banking and finance and securities laws. He enjoys working in the diverse and dynamic Asian market and helping his clients to achieve their goals.
Partner

    Bill’s practice focuses on corporate financing transactions, investment funds, mergers and acquisitions, private equity and employment law matters. His experience includes 10 years in the City of London and over 20 years in Asia. Before joining CNP, Bill was a partner in a well-known international law firm. He is recommended lawyer for Corporate and M&A, Banking and Finance, Investment Funds and Labour and Employment in Legal 500 Asia Pacific 2020. Bill is one of the firm’s contacts for Interlaw, a network of independent full-service corporate law firms ranked by Chambers and Partners in its highest category, “Elite”, amongst all global law firm networks.




    Abel Ho Legal Associate at CNPLaw LLP

    Associate

    Abel is in the Funds team. His main areas of practice are in investment funds, mergers and acquisitions, and regulatory and compliance matters.




    Goh Wan Shuen is an Associate at CNPLaw, she is in in the Funds and Financial Services team. Her main areas of practice include investment funds and mergers and acquisitions

    Associate

    Wan Shuen is in the Funds and Financial Services team. Her main areas of practice include investment funds and mergers and acquisitions.



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