CMIA China, China Merchants Technology Back China Farm Equipment (Asia)

Source: CMIA Capital Partners

Singapore-based private equity firm CMIA Capital Partners has invested US$23 million in the privatization of Singapore Stock Exchange-listed China Farm Equipment. The transaction was structured through CMIA China Fund IV, a private equity fund jointly managed by CMIA and China Merchants Technology Holdings, the venture capital arm of state-owned enterprise China Merchants Group.