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Nishith Desai Associates : Deal Corner

Nishith Desai Associates : Deal Corner

Posted by By at 7 January, at 14 : 00 PM Print


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January 07, 2019

LINXENS ESTABLISHES INDIA PRESENCE WITH ACQUISITION OF SIEPMANN’S CARD SYSTEMS 

DEAL BRIEF:

The Linxens Group, a global leader in the design and manufacture of micro-connectors for smart cards, RFID Antennas and inlays has acquired Siepmann’s Card Systems Private Limited, a Mumbai based company which manufactures smartcards. With this acquisition, the Linxens Group has established a presence in India which is an emerging market for its products.

OUR ROLE:

We, at Nishith Desai Associates, acted as legal counsel to the Linxens Group and advised them on the legal, regulatory and strategic aspects in relation to the acquisition, including its negotiations with the erstwhile shareholders of the target company.”


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Nishith Desai Associates (NDA) is a research based international law firm with offices in Mumbai, Bangalore, Silicon Valley, Singapore, New Delhi, Munich and New York.

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