Teckwah acquires majority stake in regional digital graphics print provider
AEI Legal advised SGX Mainboard-listed Teckwah Industrial Corporation Limited, a leading provider of integrated supply chain management solutions, on its acquisition of a majority stake in regional digital graphics print provider, Profoto Digital Services Pte Ltd.
The deal featured, inter alia, a condition subsequent for the transfer of an 80% stake in Profoto Malaysia Sdn Bhd to PDS, put and call options, & a profit guarantee mechanism.
The acquisition of Profoto presents an opportunity for Teckwah to extend its supply chain capabilities and leverage Profoto’s network of contacts in the Asia Pacific region.
AEI Legal extends its heartiest congratulations to the Teckwah deal team & wishes the Teckwah Group every success ahead.