Filing Status: New Notice
Acquirer: Consortium led by Apex Technology (China)
Acquired U.S. Business: Lexmark International, Inc.
Deal Value: $3.9 billion
Industries: Printers and Enterprise Solutions
A Notice to the Committee on Foreign Investment in the United States (CFIUS) was accepted on July 15 relating to the proposed acquisition of Kentucky-based Lexmark International by a consortium of Chinese buyers led by Apex Technology Co., Ltd. (SHE: 002180), according to a disclosure by Apex on the Shenzhen Stock Exchange on July 25. The other two equity investors are Hong Kong based PAG Asia Capital and China based Legend Capital Management. The Apex filing on July 25 also noted that the parties expect the 30-day review to be followed by the full 45-day investigation period.
Lexmark is a global supplier of printing equipment and of networking and enterprise solution software and services. Apex also manufacturers print consumables, including laser and inkjet cartridges.