Zunibal's Strategic Expansion: Acquires Zong Hong Marine for Asian Market Invasion

Deal News | Apr 25, 2025 | Iberian Lawyer

Zunibal's Strategic Expansion: Acquires Zong Hong Marine for Asian Market Invasion

Zunibal, supported by private equity firm Nazca Capital, has successfully acquired Zong Hong Marine, a Taiwan-based specialist in satellite communications services. This acquisition is a strategic move aimed at expanding Zunibal's footprint in the Asian market. By establishing a new headquarters named Zunibal Asia in Kaohsiung, Taiwan, the company intends to enhance its regional service capacity and foster technological innovation. With over three decades of expertise in developing technology for sustainable fishing, Zunibal already operates in over 45 countries and has worked closely with Zong Hong Marine, recognizing strategic synergies between the two companies. The deal is expected to bolster Zunibal's satellite communications capabilities, extend its global operations, and accelerate the delivery of customized solutions, aligning with a long-term vision of innovation and sustainability in the fishing industry. The legal advisory team for the deal from Araoz & Rueda comprised Pilar Parás, Juan Viñao García, Laura Garzón Aramendia, Andrés Mínguez, and María Cano Esteban.

Sectors

  • Satellite Communications
  • Fishing Technology
  • Private Equity

Geography

  • Taiwan – Zong Hong Marine is based in Taiwan, and Zunibal Asia will have new headquarters in Kaohsiung, Taiwan.
  • Spain – Araoz & Rueda, the law firm advising on the transaction, is based in Spain, and Zunibal is expanding its reach from Spain.
  • Asia – The acquisition by Zunibal marks a strategic expansion into the Asian market.

Industry

  • Satellite Communications – Zong Hong Marine specializes in advanced satellite communications services which are integral to the transaction.
  • Fishing Technology – Zunibal focuses on developing technology for sustainable and efficient fishing which is enhanced by this acquisition.
  • Private Equity – Nazca Capital, a private equity firm, backs Zunibal, underscoring the role of PE in this transaction.

Financials

    Participants

    NameRoleTypeDescription
    ZunibalBidding CompanyCompanyA company with over 30 years of experience in developing technology for the fishing industry, supported by Nazca Capital.
    Zong Hong MarineTarget companyCompanyA Taiwan-based company specializing in satellite communications services.
    Nazca CapitalPrivate EquityCompanyA private equity firm backing Zunibal.
    Araoz & RuedaLegal advisorCompanyThe legal firm advising Zong Hong Marine on the acquisition.
    Pilar ParásLegal advisorPersonPart of the Araoz & Rueda team advising on the deal.
    Juan Viñao GarcíaLegal advisorPersonPart of the Araoz & Rueda team advising on the deal.
    Laura Garzón AramendiaLegal advisorPersonPart of the Araoz & Rueda team advising on the deal.
    Andrés MínguezLegal advisorPersonPart of the Araoz & Rueda team advising on the deal.
    María Cano EstebanLegal advisorPersonPart of the Araoz & Rueda team advising on the deal.