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Press Release

Grant Thornton Vietnam supports Coteccons in the acquisition of GEO Foundations Vietnam

Grant Thornton Vietnam is pleased to support Coteccons as Deal Advisor in Coteccons’ acquisition of 100% equity interest in GEO Foundations Vietnam, a specialized foundation engineering company formerly known as Bauer Vietnam.

In this transaction, Grant Thornton Vietnam provided the following services:

  • Financial Due Diligence, supporting Coteccons in assessing financial and tax-related risks and opportunities throughout the transaction process;
  • Advisory support during negotiations with the Seller, particularly on key transaction matters, including Conditions Precedent (CP) and completion and closing requirements (Completion/Closing items - CS lists), contributing to the optimization of the transaction structure.

The acquisition of GEO Foundations Vietnam’s specialized foundation engineering capabilities - a company that has participated in numerous major infrastructure projects in Vietnam represents a strategic step in Coteccons’ plan to expand its core technical capabilities and enhance its competitiveness in infrastructure and public investment projects in the coming period.

Grant Thornton Vietnam highly values its collaboration with Coteccons and looks forward to continuing to support businesses in their strategic advisory and transaction activities.

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