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Dardi International Corp &
Flow International Corp
Update Date: 01/07/09
Date Announced: 11/26/08
Value (million $USD): 2.0 million U.S. Dollar
13.6 million Chinese Yuan
Status: Completed
TRANSACTION DETAILS
Date Announced11/26/08
Date Originally Announced11/26/08
FormatAcq. Part. Int.Acquisition techniquesNot Applicable
AttitudeNeutralAgencyn/a
Value2.0 million U.S. Dollar
13.6 million Chinese Yuan
Advisor Feesn/a
SYNOPSIS
CHINA - Flow International Corp acquired a 5% stake in Dardi International Corp, a waterjet cutting machine manufacturer, for 13.637 mil Chinese yuan ($2 mil US).
TARGET
NameDardi International Corp
IndustriesMetalworking machinery, nec
CityNanjing
Staten/a
NationChina
Incorporated inn/a
Public StatusPrivate
Business DescriptionDardi International Corp, headquartered in Nanjing, China, manufactures waterjet cutting machines. It was founded in 1996.
AdvisorsNULL
Target Salesn/a
ACQUIROR
NameFlow International Corp (FLOW)
IndustriesSpecial industry machinery, nec; Pumps and pumping equipment; Service industry machines, nec; Wrecking and demolition work; Heavy construction equipment rental and leasing
CityKent
StateWA
NationUnited States
Incorporated inDE
Public StatusPublic
Business DescriptionFlow International Corp, located in Kent, Washington, manufactures ultra-high-pressure (UHP) industrial waterjets, robotics and assembly equipment. They also provide isostatic press services to the automotive and aerospace industries and UHP processing equipment for food. The company was founded in 1974.
AdvisorsNULL
Acquiror Sales244.1 million U.S. Dollar
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