information
  • 2026.04.20

    Updated "2. M&A transactions in the major 6 countries in the ASEAN”.

  • 2026.01.16

    Updated the M&A market information of 2025

  • 2025.10.21

    Updated "2. M&A transactions in the major 6 countries in the ASEAN”.

  • 2025.07.16

    Updated "2. M&A transactions in the major 6 countries in the ASEAN”.

  • 2025.04.14

    Updated "2. M&A transactions in the major 6 countries in the ASEAN”.

Selling Needs

  • Sell
    Retailer of household goods
    • Status
      Open
    • Transaction No.
      H10211
    • Country
      Vietnam
    • Sector
      Retail (Household Goods)
    • Revenue
      N/A
    • Investment Ratio
      Negotiable
    The company operates around 50 stores selling Japanese daily necessities such as packaged snacks ...
    For more details
  • Sell
    Stationery Wholesaler
    • Status
      Open
    • Transaction No.
      H10212
    • Country
      Vietnam
    • Sector
      Wholesale (Stationery)
    • Revenue
      USD 33 million
    • Investment Ratio
      Negotiable
    The exclusive distributor of Casio calculators and Pilot pens in Vietnam. Additionally, the compa...
    For more details
  • Sell
    F&B Group
    • Status
      Open
    • Transaction No.
      H10111
    • Country
      Vietnam
    • Sector
      F&B
    • Revenue
      USD 40.9 million
    • Investment Ratio
      Negotiable
    A leading Vietnamese brand maker of fresh confectionery and mooncakes. The company also operates ...
    For more details
Other selling needs

Buying Needs

  • Buy
    Eyewear retailer
    • Transaction No.
      S80811
    • Country
      ASEAN, Europe, USA
    • Sector
      Eyewear retailer
    • Transaction Type
      Majority
    Eyewear retailer with stores
    For more details
  • Buy
    Food Service
    • Transaction No.
      S80812
    • Country
      Singapore / Malaysia
    • Sector
      Food Service
    • Transaction Type
      Majority
    Central kitchen for Japanese restaurants or meal factories that can be converted to central kitch...
    For more details
  • Buy
    Motor Parts
    • Transaction No.
      S80813
    • Country
      ASEAN, China, India
    • Sector
      Motor Parts
    • Transaction Type
      Minority~Majority
    Plastic automotive component suppliers targeting the China or India market
    For more details
Other buying needs

Global Network for Cross-border M&A Transactions

RECOF is promoting cross-border M&A transactions globally.
In particular, RECOF has a strong network in Vietnam and Southeast Asian countries.

Asian M&A advisors in close cooperation
height
Vietnam (Most focused country)
  • We have built our own network, in addition to the access to most of the local financial institutions and advisors.
Southeast Asian countries
  • We keep contacts with various local M&A advisors and financial institutions in the Philippines, Indonesia, Thailand, Malaysia and Singapore.
REACH Cross-Border Mergers & Acquisitions
  • Global M&A Partners is a partnership network of independent investment banking firms specializing in the middle size deal market (deal value between USD 20 to 500M)
  • 30 partners cover more than 50 countries worldwide
  • The partners provide clients with "global reach" and "services based on local knowledge and experience"
  • The partners have access ranging from major companies to medium-sized private companies and local PE funds

Our Overseas Partners

Our Overseas Partners

Selected Credentials in Cross-border M&A Transactions

No. Date Country Target Buy Side Transaction Details
1 2025 Vietnam Commercial Kitchen Equipment Manufacturing & Sales Company Japanese Commercial Kitchen Equipment Company Acquisition
2 2025 Vietnam Packaging Service Company Japanese Logistics Company Capital Participation
3 2024 Philippines Commercial Kitchen Equipment Sales Company Japanese Commercial Kitchen Equipment Company Acquisition
4 2022 Vietnam Cosmetics Manufacturing Company (Japanese) Japanese Pharmaceutical Company Acquisition
5 2021 Vietnam IT Product Distribution Company (Japanese) Japanese IT Product Distribution Company Acquisition
6 2019 Vietnam LPG Distribution Company Japanese Energy Company Acquisition
7 2019 Vietnam OA and Security Equipment Distribution Company Japanese ICT Equipment Trading Company Acquisition
8 2019 Singapore Eyewear Retail Company Japanese Eyewear Retail Company Acquisition
9 2018 Vietnam Real Estate Investment Company Japanese Real Estate Development Company Capital Participation
10 2018 Vietnam Residential Property Development Company Japanese Residential Property Development Company Capital Participation
11 2018 Philippines Food Wholesale Company Japanese Major Food Wholesale Company Acquisition
12 2017 Australia Recruitment Service Company Japanese HR Service Company Acquisition
13 2017 Vietnam Office Building Development Company Japanese Home Builder Capital Participation
14 2016 Vietnam Hotel Development Company Japanese Home Builder Capital Participation
15 2016 Vietnam Residential Property Development Company Japanese Residential Property Development Company Capital Participation
16 2016 Thailand Digital Advertising Company Japanese Advertising and Production Company Capital Participation
17 2016 Vietnam Residential Property Development Company Japanese Home Builder Capital Participation
18 2015 US Electronic Testing Equipment Manufacturer Japanese Major Electronic Testing Equipment Manufacturer Acquisition
19 2015 Germany IT Solutions Company Japanese Major Office Equipment Manufacturer Acquisition
20 2015 Vietnam Major Bank-Affiliated Consumer Finance Company Japanese Major Credit Card Company Acquisition
21 2015 Korea Plastic Molding Machine Manufacturer Japanese General Machinery Manufacturer Acquisition
22 2015 Indonesia Advertising Marketing Company Japanese Advertising and Production Company Acquisition

M&A Service

Sell-side Advisory

With our experience, we assist the owner in going through the M&A process as smoothly as possible and in achieving as more favorable terms as possible.

  1. Discussion on the selling strategy
  2. Review and preparation of information for disclosure
  3. Valuation
  4. Listing of potential Investors
  5. Approach and evaluation of potential investors
  6. Arrangement of NDA / Information disclosure
  7. Preliminary discussion / negotiation of Letter of Intent (LOI)
  8. Preparation and scheduling of Due Diligence (DD) procedure
  9. Negotiation of Definitive Agreement
  10. Assistance in preparation for Closing

Buy-side Advisory

We identify targets as broadly as possible and support our clients in minimizing the burden of executing the transaction throughout the process.

  1. Discussion on the investment strategy
  2. Research and listing of potential targets
  3. Approach and evaluation of potential targets
  4. Arrangement of NDA / analysis of disclosed information and valuation
  5. Preliminary discussion / negotiation of Letter of Intent (LOI)
  6. Assistance in Due Diligence (DD) procedure
  7. Negotiation of Definitive Agreement
  8. Assistance in preparation for Closing

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Click here for M&A consultations in Vietnam and Asia

RECOF Corporation

Gran Tokyo North Tower 38F, 1-9-1 Marunouchi, Chiyoda-ku, Tokyo 100-6738

RECOF VIETNAM CO., LTD

Hotel Nikko Saigon 4F, 235 Nguyen Van Cu Street, Cau Ong Lanh Ward, Ho Chi Minh City, Vietnam