Malaysia-based Daiken Sarawak has acquired WTK Resforestation
Toyko – CFI is pleased to announce that it acted as exclusive financial advisor to Daiken Corporation in the acquisition of WTK Reforestation Sdn. Bhd. by Daiken Sarawak Sdn. Bhd., a subsidiary of Daiken Corporation.
The reforestation initiative is just one part of WTK Holdings business model, also including timber, plantation and the production of adhesive tape. Committed to sustainable forest management, WTK Reforestation helps ensure the long term health of Malaysian forests.
Daiken Sarawak, is one of the Malaysian arms of the Tokyo-based Daiken Corporation, which is concerned with the manufacture and sale of mineral and wooden fiberboards, as well as special plywood for ships, rolling stock, and musical instruments.
This transaction closed on 1 September 2023.
Industrials
a subsidiary of
has acquired
Transaction details
Daiken Sarawak, the Malaysian arm of Japan-based Daiken Corporation, has acquired WTK Reforestation
This transaction was advised by:
Our latest transactions
Real Estate & Construction
have been acquired by
Transaction details
Flatiron Steel, Teton Steel, And Epic Steel have been acquired by Gibraltar Industries
Industrials
have been acquired by
Transaction details
The Grote Family of Brands have sold a minority interest to Brown Brothers Harriman Capital Partners Private Equity.
Transport & Logistics
has sold a majority stake to
Transaction details
ZABERD, Poland's leading provider of road and motorway maintenance services, has sold a majority stake to international construction company STRABAG
Business Services
has been acquired by
a subsidiary of
Transaction details
Reolon, a regional insurance brokerage firm focused on agribusiness, has been sold to Alper Seguros, a subsidiary of Warburg Pincus
