September 2022

Japanese Public Company Sanwa Buys AUB in Hong Kong and Macau

AUB is a leading Hong Kong based independent turn-key provider for door access solutions in Hong Kong and Macau. The Swiss owned AUB merges with Sanwa Shutter in Hong Kong, a wholly owned subsidiary of Japanese Sanwa Holdings Corporation.


AUB Limited («AUB») became part of Sanwa Shutter (H.K.) Ltd. («Sanwa Shutter») on August 31, 2022. With this merger, Sanwa Shutter is significantly expanding its presence in the door & shutter market in Hong Kong and Macau and expanding its expertise in the supply, installation and service of door access solutions. Together, the two companies will enhance their services to a broader customer base delivering one of the most comprehensive solution portfolios in the industrial, commercial and residential markets in Hong Kong and Macau.

A future-oriented succession has thus been found for the AUB family business. Continuity is guaranteed for AUB’s customers, employees and partners. The sellers, Andreas Brechbuhl and Szeto Yee Man, on the transaction: «We are very proud of what we have achieved over the last 10 years together with our team. In Sanwa we have found a partner with whom we are sure that the values and entrepreneurial drive for growth of AUB will be continued and that our customers and employees will be in good hands.»


About AUB Limited 

AUB, established in 2011, is a leading provider of turn-key door access solutions for commercial, institutional and residential projects in Hong Kong and Macau. The products and solutions include automatic doors, high-performance sliding windows, architectural ironmongery, access control, security gates and industrial doors. The products are delivered by quality partners from around the world. In addition to installation and service, AUB also offers a wide array of services such as technical advice, design & shop drawings, ironmongery schedules, master key plans, supply & installation, as well as service & maintenance programs.


Further information:

About Sanwa Holdings Corporation / Sanwa Shutter (H.K.) Ltd.

Sanwa Shutter and its sister-company Suzuki are the leading suppliers and manufacturers for industrial & fire shutters in Hong Kong and are wholly owned subsidiaries of Sanwa Holdings Corporation («Sanwa»). They have a long presence in Hong Kong and Macau. Sanwa is a Japan-based company established in 1956, mainly engaged in the manufacture and sale of building and commercial facility construction materials, as well as the provision of maintenance and renovation services. Its products include shutters and related products, such as doors, partitions, windows, garage doors and many more. Sanwa is active world-wide in Europe, the United States and Asia. The holding is listed at the Tokyo Stock Exchange under ticker 5929.


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Role of Ramus & Company

Ramus & Company, Swiss representant of the Corporate Finance Association Worldwide («CFAW»), managed the sales process on behalf of the seller as exclusive M&A advisor. In this role, Ramus & Company prepared the sales documentation, approached prospective buyers, conducted due diligence and contract negotiations and successfully closed the transaction. This project was supported by Armor Capital in Hong Kong, also network member of CFAW.

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