Group 1 - The core point of the article is that Minhua Holdings announced the acquisition of a U.S. soft furniture manufacturer for a total of approximately $58.7 million, which includes the repayment of the target group's debt at the time of closing [1][2] - The acquisition involves Minhua's wholly-owned subsidiary, Minhua American Manufacturing LLC, purchasing 100% of the issued share capital of GainlineRecline Intermediate Corp. for $32 million [1] - The target group has an outstanding bank financing of approximately $27.994 million as of the closing date, which will be settled through a loan provided by another subsidiary of Minhua Holdings [1][2] Group 2 - The target group operates primarily in the manufacturing and sale of soft furniture in the northern part of Mississippi, USA, and has eight production facilities [2] - The target group includes two brands: SouthernMotion, established in 1996, which focuses on manufacturing reclining furniture, and FusionFurniture, established in 2009, which specializes in fixed furniture [2]
敏华控股收购美国软体家具公司 总对价约5870万美元