Shanghai M&G Stationery Inc. (SHSE:603899) signed an agreement to acquire unknown stake in Beckmann AS from Herkules Private Equity Fund IV managed by Herkules Capital AS on August 3, 2021. After completion of the transaction, the Beckmann family and management will continue as minority shareholders. The transaction is subject to approval from Chinese authorities. James Li of E.J. McKay acts as the exclusive financial advisor to Herkules in the transaction. Skandinaviska Enskilda Banken AB acted as financial advisor to Herkules. DLA Piper acted as legal advisor to Herkules and PwC acted as financial advisor to Herkules.