The international law firm Clifford Chance advised Chinese company Jiangsu Jinsheng Industry Co., Ltd. on the acquisition of a 50% stake in EMAG Holding GmbH as well as on the acquisition financing and the joint venture agreement.
Jiangsu Jinsheng Industry Co., Ltd. engages in the production and sales of textiles machinery. The company has its headquarters in the Jiangsu province, China and employs approx. 1,200 people. This transaction is the largest single overseas acquisition by a privately-owned Chinese company in Jiangsu province.
The EMAG Group is based in Salach (Germany) and its products cover the entire spectrum of machining processes in the metal working industry. EMAG has become an important partner in the realization of complete process streams for the manufacture of transmission, engine and chassis components.
The advisory team of Clifford Chance was led by partners Dr. Stefanie Tetz, Dr. Nicole Englisch (both Corporate, Munich) and counsel Glen Ma (Corporate, Shanghai). The team included associates Dr. Jan Knop, Dr. Matthias Wahl, Dr. Albrecht Brodhun, Dr. Karsten Erhardt and transaction lawyer Petra Schindler (all Corporate, Munich), partner Dr. Horst Schlemminger and associate Bettina Krause (both Real Estate, Munich), partner Marc Besen and associate Dr. Dimitri Slobodenjuk (both Antitrust, Düsseldorf), partner Dr. Claudia Milbradt, associates Dr. Wolfgang Schönig and Dr. Henrik Van Volxem (all Intellectual Property, Düsseldorf), counsel Thomas Weitkamp, associate Susanne Baier (both Banking & Capital Markets, Munich) and counsel Dr. Nikolaus Krienke (Employment Law, Munich), as well as counsel Maggie Lo (Banking) in the Beijing office.
Related Posts:
- None Found