We work with you to ensure your deals are successful and that shareholders’ objectives are achieved. The Global Corporate Finance practice has been ranked #2 in the Global Middle-Market League Tables for over 20 years (Refinitiv League Table rankings), and we have closed more than 80 deals in China between 2021 and 2025.

The extensive list of KPMG's completed M&A deals in China speaks volumes about the capabilities of our teams and the substantial trust we have gained in the China market on our ability as advisors who consistently deliver successful outcomes.

Deals by sectors

storefront

calendar_month December 2025

The Food Source Ltd.

Consumer Market

Acted as sell-side financial advisor to the owners of The Food Source Ltd. on its sale to a Chinese state-owned enterprise.

Deal value: Not disclosed

storefront

calendar_month October 2024

International consumer goods group

Consumer Market

Acted as financial advisor on its acquisition of a leading medical aesthetic service chain company in China

Deal value: Not disclosed

storefront

calendar_month February 2024

Chinachem Group (through Diamond Ridge Holdings Limited).

Consumer Market

Acted as the joint financial advisor to ChinaChem Group to privatise Pine Care Group Limited

Deal value: HKD 28.5 million (for 3.55% of stake)

storefront

calendar_month October 2023

Blue Ribbon

Consumer Market

Advised client in acquiring the Greater China Blue Ribbon trademark

Deal value: Not disclosed

storefront

calendar_month June 2023

eVent International Ltd.

Consumer Market

Acted as the sole financial advisor to the client in completing the Series A financing

Deal value: Not disclosed

storefront

calendar_month January 2023

Q-PETS

Consumer Market

Advised ADP Pentagon (China) Limited in selling a majority stake of its pet food and supplies retailing business (“Q-Pets”, “Red Carrot”) to Jebsen Group

Deal value: Not disclosed

storefront

calendar_month August 2022

Chinachem Group (through Diamond Ridge Holdings Limited)

Consumer Market

Acted as buy-side financial advisor to Chinachem Group to acquire a majority stake in Pine Care Group Limited

Deal value: HKD 451 million (for 56.15% stake)

storefront

calendar_month April 2022

Youngor

Consumer Market

Acted as financial advisor in the investment of U.S. streetwear brand Undefeated

Deal value: Not disclosed

storefront

calendar_month January 2022

Victoria Secret

Consumer Market

Acted as advisor to Victoria Secret on the sale of 49% of China business to Regina Miracle

Deal value: USD 45 million

storefront

calendar_month October 2021

A state-owned high-tech investment group in Jiangsu

Consumer Market

Acted as financial advisor in its acquisition of Suzhou Fresh Service E-commerce, a fresh food retail platform

Deal value: Not disclosed

storefront

calendar_month September 2020

Langshide

Consumer Market

Acted as financial advisor to the client on its debt financing from Shorevest Capital

Deal value: CNY 200 million

storefront

calendar_month April 2020

Wei Holding

Consumer Market

Acted as financial advisor in the investment of U.S. streetwear brand Undefeated

Deal value: Not disclosed

factory

calendar_month April 2026

A foreign JV in China

Industrials

Assisted a domestic premium ultra-charging foreign JV in connection with its local strategic fund-raising

Deal value: Not disclosed

factory

calendar_month March 2026

Cosmetic packaging company

Industrials

Acted as financial advisor to a Chinese cosmetic packaging company on its equity sale

Deal value: Not disclosed

factory

calendar_month January 2026

XFS Communications

Industrials

Assisted the client in its sales to BizLink Holding Inc.

Deal value: USD 37 million

factory

calendar_month December 2025

POSCO

Industrials

Acted as financial advisor to POSCO on the sale of its subsidiary to a Chinese private-owned company

Deal value: Not disclosed

factory

calendar_month December 2025

Hayoung Special Glass CO.,LTD

Industrials

Acted as financial advisor to the client on the sale of its Chinese subsidiary to the listed Chinese company HIGA

Deal value: CNY 236 million

factory

calendar_month December 2025

DCL Chemicals

Industrials

Acted as financial advisor on its disposal of Chromium plant in Thailand to Hubei Zhenhua

Deal value: Not disclosed

factory

calendar_month July 2025

Fagor Ederlan

Industrials

Acted as financial advisor to the client on its majority sale of its Chinese subsidiary to the listed Chinese company Chuzhou Doli Automotive Technology

Deal value: CNY 91 million

factory

calendar_month May 2025

A Japanese printing ink company

Industrials

Acted as financial advisor to the client on its sale to a Chinese listed company

Deal value: Not disclosed

factory

calendar_month December 2024

Haier Smart Home

Industrials

Acted as financial advisor to the client in the PMO from signing to closing

Deal value: CNY 0.98 billion

factory

calendar_month December 2024

A SOE

Industrials

Acted as financial advisor to the client on its divestment of a Germany auto parts subsidiary

Deal value: Not disclosed

factory

calendar_month November 2024

Sinochem International

Industrials

Acted as financial advisor to the client on its sale of the Singapore listed subsidiary Halcyon to the China listed buyer Hainan Rubber

Deal value: USD 181 million

factory

calendar_month August 2024

A large Japanese group

Industrials

Acted as financial advisor to the client on its sale to a private investor

Deal value: Not disclosed

factory

calendar_month May 2024

P.H. Garment

Industrials

Advised P.H. Garment in selling its 100% stake in the Hong Kong, PRC, and Bangladesh entities to Hop Lun, a portfolio company of Platinum Equity

Deal value: Not disclosed

factory

calendar_month March 2024

Japanese Energy Company

Industrials

Advised to set up an EV charging JV in China with Chinese charging pile operator

Deal value: Not disclosed

factory

calendar_month February 2024

Fusionride

Industrials

Advised Fusionride in raising capital for a millimeter wave radar company

Deal value: CNY hundreds of millions

factory

calendar_month December 2023

A global automotive manufacturer

Industrials

Advised the client on a JV setup in China for electric vehicle charging station

Deal value: Not disclosed

factory

calendar_month December 2023

RKW Group

Industrials

Advised RKW on sale of a maternal and child hygiene materials business in China

Deal value: Not disclosed

factory

calendar_month October 2023

Hydrogen Craft

Industrials

Advised Hydrogen Craft, a leading lightweight fuel and propulsion fuel cells company in raising capital

Deal value: CNY tens of millions

factory

calendar_month September 2023

Guala Closures Group

Industrials

Acted as buy-side financial advisor to Guala Closures Group to acquire a majority stake in Yibin Fengyi Packaging Co. (the “Company” or “Fengyi”), one of the leading closures and boxes manufacturers in China operating within the high-end Baijiu market.

Deal value: Not disclosed

factory

calendar_month September 2023

A high-end EV manufacturer

Industrials

Advised the client in setting up a smart vehicle JV with its JV partner

Deal value: Not disclosed

factory

calendar_month June 2023

MAN Energy Solutions SE

Industrials

Acted as financial advisor on its disposal of its distributed energy business to a Chinese buyer

Deal value: Not disclosed

factory

calendar_month June 2023

ZF

Industrials

Acted as financial advisor on its disposal of its gearshift system and actuators business to AEQUITA in 2022. The key production sites of the business are located in Germany, China, and Mexico

Deal value: EUR 120 million

factory

calendar_month December 2022

LiteOn - Printer business

Industrials

Acted as financial advisor on the sale of printer business to Luxvision

Deal value: CNY 910 million

factory

calendar_month October 2022

CNIM

Industrials

Acted as financial advisor to assist the client on the sale of its elevator manufacturing business in China

Deal value: Not disclosed

factory

calendar_month September 2022

A foreign aircraft engines manufacturer

Industrials

Acted as financial advisor to the client on the setting up of a MRO joint venture in China

Deal value: Not disclosed

factory

calendar_month August 2022

HAM - LET

Industrials

Acted as the exclusive financial advisor to Ham-let LTD on the sale of its Chinese subsidiary

Deal value: Not disclosed

factory

calendar_month July 2022

ArianeGroup

Industrials

Acted as the exclusive financial advisor to Ariane Group on the sale of its stake in propellant business JV in China

Deal value: Not disclosed

factory

calendar_month July 2022

Japanese chemical company

Industrials

Acted as financial advisor to the client on its acquisition of a private company

Deal value: Not disclosed

factory

calendar_month June 2022

Arun Plus Company Limited

Industrials

Acted as financial advisor in the client's private placement of CATL

Deal value: CNY 1.5 billion

factory

calendar_month March 2022

Henniges

Industrials

Acted as advisor in setting up a joint venture with AVIC for auto parts business

Deal value: Not disclosed

factory

calendar_month March 2022

A pharmaceutical packaging company

Industrials

Acted as financial advisor to the client on its divestment of shares in a packaging plant in China

Deal value: Not disclosed

factory

calendar_month January 2022

An electric parts and components company

Industrials

Acted as financial advisor to the client on the acquisition of alternator business from a Japanese group

Deal value: Not disclosed

factory

calendar_month October 2021

Intramco

Industrials

Acted as financial advisor in the sale of a leading charging station component provider to CITIC Capital

Deal value: EUR 105 million

factory

calendar_month September 2021

Poyun

Industrials

Acted as the exclusive financial advisor to Poyun Co., Ltd on the sale of its controlling stakes to CDIB Capital

Deal value: Not disclosed

factory

calendar_month August 2021

GS

Industrials

Acted as financial advisor in its divestment of assets and employees in Suzhou to a local industrial company

Deal value: Not disclosed

factory

calendar_month May 2021

Adient

Industrials

Acted as financial advisor in its disposing its stakes in JV to the partner, Yanfeng Automotive

Deal value: Not disclosed

factory

calendar_month March 2021

Sun A Enterprise

Industrials

Acted as the exclusive financial advisor to Sun A Enterprise on the sale of its controlling stakes to Nexus Point

Deal value: Not disclosed

factory

calendar_month February 2021

A large Japanese group

Industrials

Acted as sell-side financial advisor to the client on the disposal of Thailand manufacturing subsidiary to a Chinese listed company

Deal value: Not disclosed

factory

calendar_month April 2020

CRRC

Industrials

Acted as financial advisor to CRRC on the acquisition of Vossloh Locomotives from Vossloh Group

Deal value: Not disclosed

factory

calendar_month January 2020

Lanxess

Industrials

Acted as financial advisor on the sale of its South-African chrome chemicals business to Brothers Enterprises

Deal value: EUR 83 million

home

calendar_month May 2021

LG

Real Estate

Acted as financial advisor in its divestment of land and building in Hangzhou to a local technology company

Deal value: Not disclosed

smart_toy

calendar_month May 2026

Xinling

Technology Media Telecom

Assisted an integrated digital sales company in its sales to Shenguang

Deal value: CNY 156 million

smart_toy

calendar_month July 2024

SFA Semicon (Suzhou) Co., Ltd.

Technology Media Telecom

Advised SFA Semicon to divest its subsidiary in China to Shunsin Technology

Deal value: CNY 162 million

smart_toy

calendar_month August 2021

Manulism

Technology Media Telecom

Acted as financial advisor in capital raising for a SaaS provider from Yonghua Capital

Deal value: CNY 15 million

payments

calendar_month May 2026

US Securities Company

Financial

Assisted a US securities firm in its sales to a overseas PE fund

Deal value: Not disclosed

payments

calendar_month October 2024

Allianz China

Financial

Acted as financial advisor to Allianz China on its acquisition of a controlling stake in JD Allianz The Property & Casualty Insurance Company

Deal value: Not disclosed

payments

calendar_month October 2023

HSBC China

Financial

Acted as financial advisor to HSBC China on its acquisition of Citi China’s retail business.

Deal value: Not disclosed

payments

calendar_month February 2023

EasyLend Finance Company Limited (subsidiary of Shinsei Bank Limited)

Financial

Acted as sell-side financial advisor to Shinsei Bank Limited on its sale of the loan portfolio of EasyLend Finance Company Limited to a personal loan company in Hong Kong

Deal value: Not disclosed

payments

calendar_month December 2021

HSBC Insurance

Financial

Acted as financial advisor to HSBC Insurance on its acquisition of an insurance broker

Deal value: Not disclosed

payments

calendar_month April 2020

Hyundai Insurance

Financial

Acted as sell-side financial advisor to Hyundai Insurance to introduce Legend Holdings and Didi into Hyundai Insurance (China)

Deal value: > CNY 1 billion

bolt

calendar_month March 2025

BASF

Energy

Acted as financial advisor on its disposal of two chemical plants in China to Verde Chemical in 2025.

Deal value: Not disclosed

bolt

calendar_month March 2025

A state-owned energy group

Energy

Acted as financial advisor to the client on the acquisition of domestic wind power project

Deal value: Not disclosed

bolt

calendar_month January 2023

A state-owned energy group

Energy

Acted as financial advisor to the client on its divestment of shares in a gas power joint venture in the UK

Deal value: Not disclosed

bolt

calendar_month April 2022

Brookfield

Energy

Acted as financial advisor to Brookfield on its sale of solar panel asset in Malaysia

Deal value: Not disclosed

bolt

calendar_month March 2022

Saudi Aramco

Energy

Acted as financial advisor to Saudi Aramco on the establishment of JV with a state-owned enterprise in China

Deal value: Not disclosed

bolt

calendar_month March 2022

Guangzhou Gas

Energy

Acted as financial advisor on its investment in a liquefied natural gas project in Mexico

Deal value: Not disclosed

bolt

calendar_month March 2022

BP

Energy

Acted as advisor to BP on the sale of stakes in gasoline station business in a region to the JV partner

Deal value: Not disclosed

bolt

calendar_month January 2022

CHN Energy

Energy

Acted as advisor to CHN Energy on the acquisition of 512MW photovoltaic assets from CHINT

Deal value: CNY 1 billion

medication_liquid

calendar_month May 2025

A Specialised Hospital

Healthcare

Acted as financial advisor on its acquisition of major minority stake from a smart tech conglomerate in China

Deal value: Not disclosed

medication_liquid

calendar_month January 2025

Monarch Dental Clinic

Healthcare

Acted as sellside financial advisor to the owners of Monarch Dental Clinic on the sale to a leading Hong Kong based and listed Medical group – Human Health

Deal value: HKD 38.85 million (75% stake)

medication_liquid

calendar_month April 2024

Aidite (Qinhuangdao) Technology Co., Ltd.

Healthcare

Acted as the financial advisor in the acquisition of a Korean dental implant provider

Deal value: USD 22 million

medication_liquid

calendar_month November 2023

Japanese medical equipment company

Healthcare

Advised the client on strategic investment and business alliance on blood coagulant products with a Chinese IVD company

Deal value: Not disclosed

medication_liquid

calendar_month December 2022

A U.S. listed medical device group

Healthcare

Acted as financial advisor on its JV set up with a listed vitro diagnostic supplier in China

Deal value: CNY 136 million

medication_liquid

calendar_month February 2022

Royal Philips

Healthcare

Acted as advisor on strategic investment and business alliance with a Chinese high-end medical device company

Deal value: Not disclosed

medication_liquid

calendar_month July 2021

Boaovax

Healthcare

Acted as financial advisor to assist the client on capital raising from a state-owned private equity fund

Deal value: Not disclosed

medication_liquid

calendar_month July 2021

Actis

Healthcare

Acted as financial advisor in disposing its stakes in a leading wound care consumable supplier

Deal value: Not disclosed

business

calendar_month December 2025

A Japanese logistics company

Business Services

Acted as financial advisor to the client on its sale to JV partner

Deal value: Not disclosed

business

calendar_month October 2025

A large fertiliser group

Business Services

Acted as financial advisor to the client on the sale of a fertiliser distribution business in Australia to Fertiglobe

Deal value: Not disclosed

business

calendar_month October 2025

Aeon Delight (China)

Business Services

Acted as financial advisor on its acquisition of Serco Group’s Facility Management Business in Hong Kong

Deal value: HKD 100 million

business

calendar_month December 2022

A HK listed automobile distribution group

Business Services

Acted as advisor to the client on the acquisition of StarChase, a China based auto distributor of Porsche

Deal value: CNY 3.7 billion

business

calendar_month September 2021

A Korean group

Business Services

Acted as financial advisor to the client on its divestment of a wholly owned car rental business in China

Deal value: Not disclosed

business

calendar_month May 2021

Kuhne + Nagel

Business Services

Acted as the exclusive lead M&A advisor to Kuehne Nagel on the acquisition of Apex International Corporation

Deal value: USD 1.3 billion

business

calendar_month May 2021

A state-owned construction group

Business Services

Acted as co-financial advisor to the client on the acquisition of a significant minority stake in a listed construction company in Portugal

Deal value: Not disclosed

business

calendar_month August 2020

CIMC Industry & City Development Group

Business Services

Acted as advisor in the introduction of strategic investors and capital raising

Deal value: CNY 2.4 billion

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