Walkers Advises CIMC-TianDa Holdings Company Limited in its Privatisation

Walkers has acted as Cayman Islands counsel to CIMC-TianDa Holdings Company Limited in connection with its recent privatisation by way of a Cayman Islands scheme of arrangement.

CIMC-TianDa Holdings Company Limited, a subsidiary of China International Marine Containers (Group) Ltd., is specialised in Airport Facilities, Firefighting & Rescue, Material Handling System (MHS) and Auto Stereoscopic Parking System businesses. The company is the world's most competitive market-leading airport equipment core services provider. Its boarding bridge products cover 300 airports in more than 70 countries. The company is China's largest, and one of the world's top 5 Firefighting & Rescue solution providers, as well as the first listed company in the industry.

Walkers' team is led by Cayman Islands partner Matthew Goucke and Hong Kong partners Joanne Collett and Jo Lit, with the support of Michaela Lam, Tiffy Wan, Marc Hecht and Vivian Kwan.