Sale of 100% of Desco Raw Materials, Desco Asia Pacific and sale of minority stake in Maurice Lacroix to DKSH
Swiss Capital Group advised Desco
Sale of 100% of Desco Raw Materials, Desco Asia Pacific and sale of minority stake in Maurice Lacroix to DKSH
Sector(s) : Services and B to B
Date : January 2008
Advisor(s) : Swiss Capital
Advised : Sell Side
Mid-Capital partner Swiss Capital Group advised Desco
Two of Switzerland's longest established international trading houses DKSH and Desco have agreed to integrate Desco Group's marketing, distribution and trading operations into DKSH. To this end, DKSH Group will be acquiring a 100% stake in Desco Rohstoffe Holding and Desco Asia Pacific Holding. By doing this DKSH is building up its position as a leading force in the market expansion services industry in Asia. Furthermore it has taken a minority stake in Desco’s watchmaking business Maurice Lacroix.
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