Best Pipe and Parts was selected for the UZS 230 billion acquisition of a 100% state stake. Portfolio Investments advised the competitive process from investor outreach through final bids.
Best Pipe and Parts was selected as the winning bidder for a 100% state stake in Avto Climate Control, with an offer of UZS 230 billion. Four investors submitted expressions of interest and three progressed to binding offers.
Portfolio Investments advised the process from market outreach through the final bid stage. The work included investment teasers, a virtual data room, financial, tax, legal and environmental due-diligence materials, and meetings with management.
The winning proposal was in the upper part of the adviser’s indicative valuation range and exceeded the assessment value. The buyer also committed to preserve the core activity for at least ten years and comply with applicable technical and licensing requirements.
This material is provided for general information only and does not constitute investment, legal or tax advice, or an offer or solicitation in any jurisdiction.