Dandong Xintai Electric ltd.co, a leading Chinese electric component manufacturer, listed in the Shenzen Stock Exchange, announced on October 15th, 2015 that it has made an offer to acquire the fixed assets of TMC Italia SpA, a European leader in electric transformers with advanced technology and worldwide sales network.
Seta Capital, based in Milan, is the lead advisor in this transaction. Seta Capital provided preliminary due diligence services, negotiated key transaction documents and assisted in the debt negotiations to its client. In addition, Seta Capital will be providing post transaction management support for the Chinese buyer including managing its European company incorporation, monitoring of target company performance, local directorship services and assistance in driving group-wide strategies for the client across China and Europe.