The goal is to support the international growth of the Group through Mandarin’s Asian and European networking channels

Milan, 10th March 2016 – Mandarin Capital Partners II (MCP II)  has acquired a minority stake in the share capital of Marval Srl, an Italian company engaged in the mechanical machining of powertrain (cylinder heads and blocks, gear parts, etc.) and chassis components (brakes, suspension parts) for mid-power utility tractors, light construction vehicles such as mini-excavators, loaders and lift trucks, commercial vehicles (light vans, box trucks, etc.), luxury sport cars.
MCP II invested a total of € 12 m with a mix of capital increase and purchase of shares from the founders, and committed to injecting additional € 6 m in case of further needs for business development.
Current owner and CEO Mr. Nicola Marchiando will continue to manage the company. Marval has posted sales of around € 50 m in 2015, of which more than half through its Chinese subsidiary, ChangSha XiMai Mechanical Construction Co.
The investment is aimed at supporting international growth of the Group, leveraging on MCP II’s network and business development channels in the European and Asian markets.
The due diligence process was conducted by Ernst & Young (financial and tax areas), R&P Legal (legal area) and Roland Berger (business).
Mandarin Capital Partners, the private equity firm that specializes in investing in, and supporting via its Milan, Frankfurt and Shanghai offices, mid-size European commercial exporters to grow globally, particularly in China, has reached the final close of its second fund, MCP II, reaching just under €200 million.
 
The fundraising has seen the re-commitment of a significant number of Italian investors, who had already participated in MCP I, including Banca Intesa Sanpaolo, as well as new commitments from well known international investors ranging from HarbourVest, Neuberger Berman, LGT, LFPE, Idinvest, HQ-Auda and the family office of Roland Berger.  In addition, Guosen Securities, the second largest Chinese brokerage firm, with nearly 12,000 employees and a strategic partner for the Intesa group, has also made a material commitment.
 
MCP II has already deployed nearly €40m in two completed deals and is in the process of completing three more, including the recently signed agreement to purchase majority control of Ladurner Ambiente via a strategic partnership with Zoomlion Heavy Industry, the Shanghai-listed, construction and environmental machinery maker.
 
MCP I (2008) has made ten investments, of which seven have been fully exited with the balance expected to be sold by early 2018.
21 dec, 2015 _ The Chinese  giant of construction machinery, Zoomlion, strengthens its position in Italy alongside the fund Mandarin Capital Partners detecting 67 million over the company in Bolzano, Ladurner, specializing in technologies for waste disposal. The transaction, which passes through the purchase of shares and a capital increase, will permit Zoomlion to bring new technologies to China for the environment.
Shareholders will see Zoomlion to 57%, Mandarin Capital 18%, while the family Ladurner will drop to 25%.
<The main reason for this acquisition _ said the founder and number one of Zoomlion, Zhan Chunxin _ answers our growth strategy that requires us to find suitable partners to grow together. In addition, Italy has an excellent industrial base and many healthy companies with good experience in the fields of technology, innovation as well as marketing and brand. Certainly  with the purchase of industrial machines CIFA in 2008 we realized that Italy was the place where invest>.
<The acquisition of Ladurner _  he continued _ is not a financial operation but a real industrial integration. We have market objectives  very clear. We know that China is heading for a major challenge in this area, since it is one of the priorities of the government. The country is giving much importance to the issue of the environment and, therefore, we expect significant investments>.
<At the moment we are still at the starting point but thanks to the synergies that will be emitted from the aggregation with Ladurner I can safely expect growth rates ranging from 50 to 100%. "The group of Bolzano right now has a turnover that is from 60,000,000 to 70,000,000 euro per year>.
<The acquisition of Ladurner _ added the vice president of Zoomlion, Frank Zhang,who leads the environmental division of the group _ go through an investment of 67 million euro with purchase of shares and capital increase, thanks to which we will have the 57% of the company, while our partner Mandarin Capital will own 18% and the family will stay with 25%. At today Ladurner manages 30 projects in Europe in the design, construction and operation of plants for the treatment of solid waste and the production of renewable energy from garbage, liquids and agricultural biomass. Instad  in China we are leader in manufacturer of machines for the protection of the environment as well as in research and development of this market with over 20 years experience. We are therefore convinced that the meeting between these two realities will be perfect alliance to grow together>.
Mandarin CP