Munich Germany, Hong Kong SAR, Shanghai China – May 12th, 2024. Dakoko International Limited has signed the agreement to sell its business operations in Germany and China to a Chinese public-listed company, Wuxi Yoshioka Precision Technology Corp., Ltd. Dakoko has been providing services and products to leading global automotive electronics and household tools brands for decades, the company is managed by a team of professionals and manufactures top-class precision parts by German standards.

Sebastian Mailing, Chairman of Dakoko commented, “We are delighted to collaborate with Collabrium Partners on this transaction. Although it involves different working cultures, regulations, and approvals due to its cross-border nature, the Collabrium team has been constructive in providing professional advice that has facilitated the process. We appreciate their valuable advice.”

Adam Zhang, Founding Partner and CEO of Collabrium Partners, further commented, “We are pleased to have advised Dakoko International on divesting its business operations in Germany and China to Yoshioka Precision. The combination of manufacturing capabilities in China and distribution networks in Europe has created new business synergies. By doing this, Yoshioka is now able to expand its business coverage into Europe and tie up with global leading brands in the automotive and household appliance industries. This is another milestone for Collabrium Partners, demonstrating our strong network and capabilities in the industrial sector and China-Europe M&A corridor.

About Dakoko

Dakoko is a contract manufacturer specializing in high-quality precision-turned parts. The company produces complex turned parts made from steel, stainless steel, or special materials in different diameters. These parts adhere to European quality standards and are manufactured in their facilities in China and distributed through their subsidiary in Germany.

About Yoshioka

Yoshioka Precision is a manufacturer and distributor of mechanical components and automotive parts. The company offers a wide range of products, including lighting fixtures, metal casting, surface coating, and alloys.