Lincoln International Represents Goss International Corporation in Completed Investment by Shanghai Electric (Group) Corporation
CHICAGO, SEPTEMBER 25, 2009 – Lincoln International, a global mid-market investment bank, today announced that China-based Shanghai Electric (Group) Corporation (“SEC”) acquired newly-issued shares of preferred stock to become the second largest shareholder in Goss International Corporation (“Goss International”), majority owned by MatlinPatterson Global Advisers LLC. The transaction was previously announced on June 12.
Lincoln International assisted in the negotiations and acted as the exclusive financial advisor to Goss International. Terms of the transaction have not been disclosed.
About Goss International Corporation
Goss International is a leading web offset printing press manufacturer providing an end-to-end array of printing press and auxiliary equipment solutions to commercial printers and news organizations throughout the world. Goss International supplies web offset presses and finishing systems for newspaper, magazine, catalog, direct mail and other printing applications. For more information on Goss International, visit its website at www.gossinternational.com.
About Shanghai Electric (Group) Corporation
Shanghai Electric (Group) Corporation is one of the largest equipment manufacturing groups in China. SEC operates in the industries of power generation and transmission, mechanical and electronic systems, heavy machine tools, transportation equipment, environmental protection equipment, automatic instrumentation, and refrigerating compressors among many others. For more information on the company, visit SEC’s website at www.shanghai-electric.com.
About Lincoln International
Lincoln International specializes in merger and acquisition services, debt advisory services, UK pension advisory services and providing fairness opinions and valuations for leading organizations involved in mid-market transactions. With offices in Chicago, Frankfurt, London, Los Angeles, Madrid, New York, Paris, Tokyo and Vienna, and strategic partnerships with China Everbright in China and ICICI Securities, Inc. in India, Lincoln International has strong local knowledge and contacts in the key global economies. The organization provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.
| back |
