Shanghai Wanye Enterprises Acquires Compart Systems from Platinum Equity
December 22, 2020
Platinum Equity has sold Compart Systems Pte Ltd., a Singapore-headquartered precision-machined components manufacturer with operations in China and Malaysia, to Shanghai Wanye Enterprises for approximately $398 million. Platinum Equity said it developed Compart into a technology-driven manufacturing solutions provider through operational improvements and add-ons; Shanghai Wanye acquires the business to expand its manufacturing capabilities and growth plans.
- Buyers
- Shanghai Wanye Enterprises Co., Ltd.
- Targets
- Compart Systems Pte Ltd.
- Sellers
- Platinum Equity
- Industry
- Manufacturing
- Location
- Singapore
- Transaction Type
- Divestiture
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