We assisted King & Wood Mallesons and the client Lingyi iTech (Guangdong) Co., LTd. in the acquisition of Salcomp Plc, a Finland-based developer and manufacturer of chargers and adapters. The sellers were Nordstjernan AB, a Sweden-based private equity firm, and Sjatte AP-fonden, a Sweden-based closed fund. The transaction will enable Lingyi iTech (Guangdong) to expand its overseas presence.
Borenius has a strong focus on China. With our China Desk, established already in 2010, we aim to be the prime choice of legal advisor for both Finnish companies entering into China, and Chinese companies entering into Finland.