D2A is proud to announce the acquisition of the Shriro Group
January 4th, 2021 - About Shriro Group Shriro Group (www.shriro.com) is a leading distributor, manufacturer and retailer of premium brands throughout Asia Pacific, Europe and America with a core focus on imaging, sports, technical and marketing with a proud history starting in 1906 in Harbin China in the furs and leathers business. Employing 3,500 staff and with $190M annual revenues.
In addition, several companies in Shriro Group operate their own manufacturing facilities in several parts of the world, including the distribution and manufacturing of high performance action sports equipment in China and Thailand.
Shriro Pacific is a 19.8% shareholder in Shriro Holdings a 200M revenues listed distribution company ASX: SHM
About D2A
D2A, (https://www.d2asia.asia) formerly Rexel South East Asia, is a distributor focused in the Asia Pacific region part of the AIAC Group. A privately-owned industrial group employing more than 10,000 people across Asia, Europe and North America that focuses on acquiring manufacturing and distribution companies.
About AIAC
AIAC is a privately held industrial investment group with a long-term goal of building enduring businesses through organic growth and strategic planning. AIAC has a successful 24-year track record of acquiring carve-outs and non-core subsidiaries from multinationals, private equity and family sellers.
The sellers were advised by Slaughter & May LLP and Alvarez & Marsal
