Next >>
April 2004
tombstone-2004-04-atrium-transaction-1

Joint Venture of Danionics & GP Batteries

ATRIUM Partners advised Danionics

midcap
 select this tombstone for PDF presentation
Description

Joint Venture of Danionics & GP Batteries


Sector(s) : TMT
Date : April 2004
Advisor(s) : Atrium Partners
Advised : Sell Side

Mid-Capital partner ATRIUM Partners advised Danionics


ATRIUM Partners Corporate Finance acted as the sole financial advisor to Danionics in connection with the formation of the 50/50 joint venture with GP Batteries.

ATRIUM Partners' role included testing Danionics’ options with regard to moving the production facilities to China either independently or together with one or several partners. At the same time a sale of the company was investigated.

Due to Danionics challenging financial situation, a sustainable solution was highly prioritized by the shareholders, and several solutions were examined within a short period of time.


Back to search