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Interlaw Partners CNP and Vision Collaborate on Cross Border Aquisition
CNPLaw and Vision Associates, Interlaw’s partner firms in Singapore and Vietnam respectively, advised Symphony International Holdings Limited, a London-listed strategic investment company, on acquiring a significant minority stake in Vietnam-based Indo Trans Logistics Corporation for approximately US$42.6m.
CNP partner Mr Amit R. Dhume who led the deal 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,” he added.
The CNP team advising on the transaction also included Mr Bill Jamieson (Partner), Mr Abel Ho (Associate), Ms Goh Wan Shuen (Associate), Ms Joy Tan (Trainee) and Ms Neeti Relan (Trainee). Vision Associates Ngo Trung Hieu (Partner) and Nguyen Bao Ngoc (Associate) acted as counsel to the client in Vietnam.
The acquisition was achieved through a structured transaction entered into by the wholly-owned subsidiary of Symphony with Su Misura Pte. Ltd.