Baker McKenzie has advised AGIC Capital ("AGIC" or "Company") on the acquisition of a majority stake in Grafotronic AB and its subsidiaries ("Grafotronic"), a leading manufacturer of roll-to-roll automated manufacturing solutions for the digital label printing and electrical vehicle battery markets, for an undisclosed amount.
AGIC is a European-Asian fund focused on investments in advanced industrial and healthcare technology companies and has more than USD 2.2 billion of assets under management.
This deal "exemplifies AGIC's investment strategy, to partner with the management teams of outstanding European SMEs which have significant growth potential and to provide proactive, hands-on support to realize that potential," according to the Company's press release.
A multijurisdictional team of transactional specialists had worked on this transaction, led by Baker McKenzie Partners Anders Fast and Costin Mihailescu in Stockholm, Tomasz Krzyzowski in Warsaw and Zhang Hong, Head of Private Equity Practice at Baker McKenzie FenXun (FTZ) Joint Operation in Shanghai. The other lawyers who were involved in this transaction include, among others, Associates Emelie Hager and Adrian Sundberg in Stockholm, Łukasz Targoszyński and Piotr Pawlowski in Warsaw.
Commenting on the deal, Ms. Zhang said: "We are very pleased to have assisted AGIC on this strategic investment into the leading European industrial players. This transaction demonstrates our multijurisdictional capabilities of serving clients on cross-border matters with strong local expertise. We look forward to continue supporting our client with their legal needs as they diversify their investments across different sectors and regions."