Canadian manufacturer Valiant TMS Group sold to Chinese consortium with Participation of Hubei Huachangda Intelligent Equipment Co., Ltd.


Corporate Finance case study

Client: 

Valiant TMS Group of Companies

Solution: 

Corporate Finance, Transaction Services, Tax

Services:

Financial advisory; Sell-side due diligence; Tax structuring


08/05/2017
 

Overview

Founded in 1959 and headquartered in Windsor, Ontario, Valiant TMS Group of Companies (“Valiant TMS”) is a global provider of automated production systems and specialized tooling serving the automotive, aerospace and heavy industry sectors.

It provides a wide range of solutions for body-in-white welding and assembly systems, powertrain assembly systems, industrial parts washers and leak test machines, plastic injection and composite tooling, final vehicle assembly systems and various part handling and transport systems.

Valiant TMS has over 1,400 employees and operates 27 facilities in 15 countries.

Challenge

This transaction represents an important step in the Company’s history by enabling the founding family to achieve a successful succession plan while supporting management’s development strategy and finalizing the transition in the governance structure from the founding shareholders to the management. 

Solution

PricewaterhouseCoopers Corporate Finance (“PwCCF”) and BMO Mid-Market M&A acted as joint financial advisors to Valiant TMS in the sale to a Chinese Consortium with participation of Hubei Huachangda Intelligent Equipment Co., Ltd. (“HCD”) of Shanghai, China.

In addition to our role as financial advisor, PwC LLP also provided sell-side due diligence support and tax structuring services to Valiant TMS and its shareholders.

Result

HCD is a leading provider of automation and tooling systems for the automotive and transportation sectors. HCD’s vision is to become a global leader in automation production systems and its acquisition of Valiant TMS is an important step in expanding its global footprint and capabilities.

“For over 57 years, Valiant TMS has been committed to delivering our customers optimal automation and tooling solutions globally. The resources of the Chinese consortium will assist Valiant TMS to serve our customers in new regions and realize opportunities in expanded sectors in an ever-changing global marketplace.” - Mr. Marty Solcz, Chairman, Solcz Group Inc.

Let’s get to work

To learn more about our Corporate Finance services and how PwC can help your organization, please contact:

Eric Castonguay, Partner, Corporate Finance Leader
Damian Peluso, Partner, Automotive Leader
Giancarlo Di Maio, Partner, Tax

Contact us

Eric Castonguay
Partner, National Corporate Finance Leader
Tel: +1 416 815 5094
Email

Damiano Peluso
National Automotive Leader
Tel: +1 416 814 5776
Email

Giancarlo Di Maio
Partner
Tel: +1 519 985 8911
Email