31 October, 2014

Ashurst Hong Kong has advised Mitsui & Co., Ltd. (Mitsui) on its HKD 159m acquisition of a minority stake in Tsit Wing International Holdings Limited (Tsit Wing), a commercial coffee and tea supplier with a market share in Hong Kong and operations in mainland China.

The investment opens further opportunities for strategic co-operation with Tsit Wing and the expansion of Mitsui’s food businesses in Asia. Tsit Wing plans to list on the Main Board of the Hong Kong Stock Exchange in 2015.

 
The Ashurst team was led by  partner Robert Ogilvy Watson, and assisted by partners Michael Sheng and Jonathan Hsui.

Conventus Law