Noerr advises Swiss Evatec AG on the purchase of Oerlikon’s Advanced Technologies Segment
The law firm Noerr has advised the Swiss Evatec AG on the purchase of the Advanced Technologies Segment of the Oerlikon Group regarding the German aspects of the transaction.
Evatec AG’s activities include the production of plants for the manufacture of LEDs, lasers, power chips and high-performance optical, optoelectronic and semiconductor components as well as the worldwide distribution of these. In its Advanced Technologies Segment, the Oerlikon Group has developed also thin film production procedures for semiconductors and nanotechnology.
By purchasing the Advanced Technologies Segment from Oerlikon, Evatec AG intends to further expand its semiconductor and nanotechnology business segment. This acquisition broadens the company’s product portfolio and facilitates the realisation of synergies, also in terms of accessing new markets.
The parties have agreed not to disclose the purchase price or further particulars of the transaction.
The transaction was conducted under the international lead of Prager & Dreifuss (Switzerland).
Advisors to Evatec AG: Noerr LLP
Dr Sabine Klett, Silvia Sparfeld (both lead counsel, both Corporate), Dr Heidi Mahr (Employment Law)
Associates: Martin Nigl (Corporate), Lutz Enno Werner (Tax), Charlotte Sander (Employment Law)
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