Manama, Bahrain – Investcorp, a leading global alternative investment firm, announced that it has completed the acquisition of a controlling stake in Shandong Jianuo Electronics.
The acquisition represents a continuation of Investcorp’s strategy of investing in and scaling category-leading growth companies with deep engineering and technology know-how, particularly those with a strong sustainability mission
Operating out of the Shandong Province and China’s Greater Bay Area, Jianuo is a leading provider of specialty premium components used in fast-growing high-end applications such as electric vehicles power management, battery charging infrastructure, solar and wind power generation, and 5G base station infrastructure.
Jianuo is well-positioned to benefit from the domestic and international drive for energy transition, decarbonization, and increasing automation. It has become a highly regarded Research and Development and advanced manufacturing partner to a wide group of global providers of alternative energy solutions including in the US, Europe and Japan.
“The shift to a low-carbon economy will create entirely new industries and value chains within the next five to 15 years, and Jianuo is right at the heart of that evolving trend,” Hazem Ben-Gacem, Co-CEO of Investcorp, said.
“This acquisition reflects our strategy of investing in innovative and growing mid-sized companies and offering investors high-quality alternative investment opportunities in future-focused industries that are key to the global energy transition efforts,” Ben-Gacem.
Duncan Zheng, Head of Private Equity China at Investcorp, added: “We look forward to partnering with Jianuo’s founders, management and over 400 employees as we embark on the next phase of Jianuo’s growth journey.”