BDA Advises Toshiba on the Sale of Toshiba Transmission & Distribution Europe to Mutares
Summary
TTDE delivers HV/MV substations, battery storage systems, smart grid solutions and plants for renewable energy, all over the world.Mutares, a listed private equity holding company headquartered in Munich, will acquire TTDE as an add-on for its portfolio company Balcke-Dürr Group, a German-based supplier of components for increasing energy efficiency and reducing environmental impact for the industry.Hideyuki Tozawa, Managing Director and Co-Head of Tokyo, BDA Partners said: “We are proud to have been able to advise Toshiba, one of Japan’s most recognised corporates. Split off from Toshiba Corp (TOKYO: 6502) in October 2017. www.toshiba-energy.comAbout MutaresMutares is a listed private equity holding company with offices in Munich (HQ), Amsterdam, Frankfurt, London, Madrid, Milan, Paris, Stockholm and Vienna. It acquires small- and medium-sized companies and parts of groups with headquarters in Europe that show significant potential for operational improvement and are sold again after undergoing a repositioning and stabilization process. We provide global reach with our teams in New York and London, and true regional depth through our seven Asian offices in Mumbai, Singapore, Ho Chi Minh City, Hong Kong, Shanghai, Seoul and Tokyo. In Hong Kong, BDA Partners (HK) Ltd. is licensed and regulated by the Securities & Futures Commission (SFC) to conduct Type 1 and Type 4 regulated activities to professional investors.About Eidos PartnersEidos Partners is an independent advisory firm specialised in financial restructuring, mergers and acquisitions, debt raising, financial advisory services and execution of structured finance transactions, including bond issues and derivatives.