Baker McKenzie advised Boyd Corporation, a world-leading innovator of technologies in engineered materials and thermal management, on its acquisition of Siltec, a Germany-based specialist in silicone compounding for custom products in the highly-regulated medical industry.
The acquisition deepens and diversifies Boyd’s material science portfolio and further expands its European footprint. The parties have agreed not to disclose the transaction volume.
Baker McKenzie advised Boyd Corporation on all legal aspects of the transaction.
Dr. Michael Bartosch, Corporate/M&A partner at Baker McKenzie in Munich, comments: "The transaction is a great success for both our client and us. The expertise gained will enable Boyd Corporation to accelerate in-novation across its material portfolio and in related growth markets.”
Boyd Corporation is a world-leading innovator of technologies in material science, engineered materials, and thermal management that seal, protect, interface with, and cool its customers’ most critical applications. Boyd's solutions maximize performance in 5G infrastructure and the world’s most advanced data cen-ters, enhance reliability and extend range for electric and autonomous vehicles and advance the accuracy of cutting-edge personal healthcare and diagnostic systems.
Siltec was founded more than 40 years ago. The company is manufacturing silicone components for medical technology, pharmaceuticals, food production, automobile manufacturing and other specialized industries.
Baker McKenzie's global Corporate/M&A team advises on more cross-border transactions than any other law firm. Most recently, Baker McKenzie advised BizLink on the acquisition of LEONI's Industrial Solutions busi-ness, Sika AG and subsidiaries on the sale of its industrial coatings business to Sherwin-Williams, Hyundai Motor Deutschland GmbH on its investment in H2 Mobility, Magna International on the acquisition of Veoneer, Advent International on the sale of Allnex Group to PTT Global Chemical, Cognizant on the acquisition of the ESG Mobility business from Armira Private Equity, Deutsche Beteiligungs AG on the sale of its DNS: Net stake, Paragon on the sale of NovumIP to Questel Group, TA Associates on the acquisition of a majority stake in IGEL, Embracer on the acquisition of Easybrain Limited, SK Telecom on a joint venture with Deutsche Telekom, Chr. Hansen Holding A/S on its acquisition of Jennewein Biotechnologie GmbH, DBAG on its investment in congatec Holding AG, SAP on the sale of the SAP Digital Interconnect communications unit to Sinch AB, Air Liquide on the sale of the Schülke Group to Swedish financial investor EQT and Evonik on the sale of its methacrylates group to Advent International.
Legal advisor to Boyd Corporation:
Baker McKenzie
Lead:
Corporate/M&A: Dr. Michael Bartosch (partner, Munich)
Team:
Corporate/M&A: Dr. Kathrin Weber (associate, Frankfurt), Michelle Karrer (associate, Munich)
Commercial & Trade: Dr. Johannes Teichmann (partner, Frankfurt),
Joachim Fröhlich (counsel, Munich), Rebecca Romig (associate, Frankfurt), Brigitte Estner (associate, Munich)
IP: Dr. Michael Fammler (partner, Frankfurt), Dr. Markus Hecht (counsel, Frankfurt), Felix Jehle (associate, Frankfurt)
Banking & Finance: Dr. Patrick Mittmann (partner, Frankfurt), Philipp Thimm (associate, Frankfurt)
IT: Florian Tannen (partner, Munich), Dr. Roman Kaiser (associate, Munich)
Employment: Dr. Thomas Seidensticker (senior associate, Munich)
Public Law: Prof. Dr. Ulrich Ellinghaus (partner, Frankfurt), Dr. Katharina Weiner (counsel, Dusseldorf), Dr. Andreas Neumann (as-soicate, Frankfurt), Louise Pullmann (associate, Berlin)
Real Estate: Dr. Florian Thamm (partner, Frankfurt), Till Pflug (associate, Frankfurt)
Competition Law: Dr. Anika Schürmann (partner, Dusseldorf), Dr. Florian Kotman (associate, Dusseldorf)
Regulatory: Dr. Frank Pflüger (partner, Frankfurt), Arian Grüner (associate, Frankfurt)
International Trade: Anahita Thoms (partner, Dusseldorf), Alexander Ehrle (associate, Berlin)
Tax: Sonja Klein (senior counsel, Frankfurt), Cornelia Hoene (associate, Frankfurt)