Vermilion Partners Ltd
Encyclopedia
Vermilion Partners Ltd is an investment banking advisory firm based in China. The firm provides advice on mergers and acquisitions
, restructuring
and capital raising to corporations, partnerships, institutions, governments, and individuals. Vermilion remains privately owned.
From January 2007 to June 2011, they acted as lead adviser to Diageo
in its staged acquisition of a controlling stake in Chengdu Quanxing Group. Chengdu Quanxing Group is the parent company of Swellfun, a super-premium baijiu
manufacturer. The deal is notable in that it is one of the first foreign acquisitions of a big Chinese listed company.
Other notable deals in which Vermilion have acted as lead adviser include the Royal Bank of Scotland
's joint venture with Guolian Securities, and a 'hat-trick' of acquisitions for Smiths Group
and its subsidiaries. It was an adviser in the acquisition of Zhejiang Zheda Medical Instrument Co., Ltd (“ZDMI”). According to the President of Smiths Medical, the deal expanded its access to the rapidly expanding Chinese market and provided opportunities for growth. Vermilion Partners also advised Smiths Group
on the acquisition
of Shenzhen Dowin Lighting Technologies, a market-leading Chinese producer of surge protection devices and Allrizon Tongguang, a Shanghai-based communications equipment firm.
investor in middle-market Chinese businesses.
Mergers and acquisitions
Mergers and acquisitions refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or...
, restructuring
Restructuring
Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs...
and capital raising to corporations, partnerships, institutions, governments, and individuals. Vermilion remains privately owned.
Advisory History
It has provided assistance in establishing dozens of foreign-owned companies and joint ventures with accumulated total investment totaling one billion dollars.From January 2007 to June 2011, they acted as lead adviser to Diageo
Diageo
Diageo plc is a global alcoholic beverages company headquartered in London, United Kingdom. It is the world's largest producer of spirits and a major producer of beer and wine....
in its staged acquisition of a controlling stake in Chengdu Quanxing Group. Chengdu Quanxing Group is the parent company of Swellfun, a super-premium baijiu
Baijiu
Baijiu , or shaojiu is a Chinese distilled alcoholic beverage. The name baijiu literally means "white liquor," "white alcohol" or "white spirits". Baijiu is often translated as "wine" or "white wine"...
manufacturer. The deal is notable in that it is one of the first foreign acquisitions of a big Chinese listed company.
Other notable deals in which Vermilion have acted as lead adviser include the Royal Bank of Scotland
Royal Bank of Scotland
The Royal Bank of Scotland Group is a British banking and insurance holding company in which the UK Government holds an 84% stake. This stake is held and managed through UK Financial Investments Limited, whose voting rights are limited to 75% in order for the bank to retain its listing on the...
's joint venture with Guolian Securities, and a 'hat-trick' of acquisitions for Smiths Group
Smiths Group
Smiths Group plc is a global engineering company headquartered in London, United Kingdom. It has operations in over 50 countries and employs around 23,550 staff....
and its subsidiaries. It was an adviser in the acquisition of Zhejiang Zheda Medical Instrument Co., Ltd (“ZDMI”). According to the President of Smiths Medical, the deal expanded its access to the rapidly expanding Chinese market and provided opportunities for growth. Vermilion Partners also advised Smiths Group
Smiths Group
Smiths Group plc is a global engineering company headquartered in London, United Kingdom. It has operations in over 50 countries and employs around 23,550 staff....
on the acquisition
Takeover
In business, a takeover is the purchase of one company by another . In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company.- Friendly takeovers :Before a bidder makes an offer for another...
of Shenzhen Dowin Lighting Technologies, a market-leading Chinese producer of surge protection devices and Allrizon Tongguang, a Shanghai-based communications equipment firm.
Private equity
Vermilion is an active private equityPrivate equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
investor in middle-market Chinese businesses.