Corporate Partner and Head of Mergers & Acquisitions Ng Yi Wayn successfully acted for DNIV INT’L PTE LTD, a leading provider of high-tech manufacturing solutions for the semiconductor and electronics industry, in its sale to DKSH, a leading Marketing Expansion Services provider.
Established 20 years ago and with headquarters in Singapore, DNIV Group has strong presence in Asia, namely in China, Malaysia, Singapore, Thailand, and Vietnam. The company employs around 110 people and has engineering expertise covering the entire life cycle from installation to commissioning, training, application support, repair and maintenance, and spare parts.
DKSH is listed on the SIX Swiss Exchange and operates in 36 markets with 33,100 specialists, generating net sales of CHF 11.1 billion in 2021. With the expected growth in the semiconductor manufacturing equipment industry, DKSH has expressed that the acquisition of the DNIV Group fits well in their strategy of expanding in the semiconductor distribution business and enables them to capture this growth with a strong presence in that segment.
Corporate Partner and Head of M&A Ng Yi Wayn led the team in this transaction, which is expected to close during the second quarter of 2022 and is subject to certain conditions.