Baker McKenzie advised BizLink Holding Inc. on the conclusion of an agreement with LEONI AG under which BizLink will acquire the LEONI Industrial Solutions business group for an enterprise value of about EUR 450 million in an all-cash transaction.
BizLink Holding Inc. is an international provider of high-quality solutions for cable connections and connectivity services, founded in 1996 and listed on the Taiwan Stock Exchange (TWSE). BizLink’s acquisition of LEONI’s Industrial Solutions will expand its market presence, especially in Europe, and there is a clear perspective for future development and growth. BizLink is a U.S.-headquartered with manufacturing sites in China, Malaysia, Singapore, Mexico, Slovakia, Serbia, and the USA.
LEONI Industrial Solutions with 2020 sales of about EUR 430 million is a leading supplier of cables and cable systems for a wide range of growing end-markets, including Telecommunication, Healthcare, Robotics, Factory Automation, E-mobility, and Rolling Stock, and with a broad customer base of globally renowned market leaders. The company occupies a leading position in many technological fields, and has business units in Europe, North America, and Asia. As a unit of LEONI, LEONI Industrial Solutions has a global footprint with around 20 international locations across 10 countries and approximately 3,000 employees.
Legal advisor to BizLink Holding Inc.:
Corporate/M&A: Gwyneth Gu (partner, Taipei), Jun Chen (associate, Taipei), Dr. Thomas Gilles (partner, Frankfurt), Dr. Anna Ma (senior associate, Frankfurt)
Antitrust: Fang-Yi Jen (partner, Taipei)
Corporate/M&A: Dr. Markus Mörtel (senior associate, Frankfurt), Yixin Yang (associate, Frankfurt), Charlotte Chang (associate, Taipei)
Corporate/Insolvency: Joachim Ponseck (partner, Frankfurt), Dr. Arthur M. Swierczok (counsel, Frankfurt)
Banking & Finance: Kathrin Marchant (partner, Frankfurt), Fabian Löw (associate, Frankfurt)
Commercial & Trade: Dr. Johannes Teichmann (partner, Frankfurt)
Employment: Dr. Lena Kern (counsel, Frankfurt), Dr. Sebastian Pfrang (associate, Frankfurt)
Public Law: Anahita Thoms (partner, Dusseldorf), Dr. Andreas Schulz (counsel, Berlin), Alexander Ehrle (associate, Berlin)
IP: Dr. Rembert Niebel (partner, Frankfurt), Lena Weber (associate, Frankfurt)
IT: Simone Rieken (senior associate, Frankfurt)
Tax: Sonja Klein (senior counsel, Frankfurt), Scott Chang (associate, Taipei)