Unitas Capital Pte. Ltd.’s Chief Executive Officer Andrew Liu expressed an interest in the auction of 3i Group’s PLC’s Hyva, Reuters said. Liu didn’t mention the Netherlands-based pump maker by name, but the comment was made when asked about Hyva’s auction at the AVCJ Private Equity Forum.
(Reuters) – A top executive at private equity firm Unitas Capital indicated that the firm was interested in the auction of 3i’s Dutch pump maker, Hyva.
Speaking at the AVCJ Private Equity Forum here on Thursday, Andrew Liu of Unitas was asked by the moderator about the Hyva auction.
Liu did not mention Hyva by name, but spoke of the company as an ideal asset for Unitas, given its large Asia footprint.
Liu said that if Unitas were successful in buying the company, the firm would consider moving its headquarters to Asia.
(Reporting by Michael Flaherty; Editing by Ken Wills)