ERIKS is an industrial service provider offering a wide range of mechanical engineering components and associated technical and logistical services to industrial end-users. As a part of its expansion strategy, ERIKS designated China as a strategic growth market and subsequently contracted Larive to short-list potential acquisition targets.

Larive gathered market intelligence and an overview of potential M&A candidates following a set of criteria mutually agreed upon between Larive and ERIKS. In the subsequent step, Larive interviewed all the prospective candidates to gather intelligence and assess their levels of interest to disinvest their business to ERIKS.