BDO advises Shaoxing Eastlake High-Tech Co. Ltd. on the acquisition of Ehrfeld Mikrotechnik BTS GmbH

A mutli-disciplinary team of BDO AG Wirtschaftsprüfungsgesellschaft, BDO China and BDO Legal Rechtsanwaltsgesellschaft mbH led by Dr Steffen Eube (BDO AG, Frankfurt/Main), Decai Zhang (BDO China, Guangzhou) and Thorsten Schumacher (BDO Legal, Düsseldorf) has advised Chinese Shaoxing Eastlake High-Tech Co. Ltd on the acquisition of all shares in German Ehrfeld Mikrotechnik BTS GmbH (Wendelsheim) via its subsidiary Maius Neuetec GmbH from Bayer AG (Leverkusen). The closing of the transaction has taken place on 31 July 2017. Jin Mao P.R.C. Lawyers, Shanghai/China advised Eastlake High-Tech Co. Ltd on the Chinese legal aspects.

Founded in 2000, Ehrfeld Mikrotechnik BTS GmbH had been part of the Bayer-Group since 2004 and ranks among the international technology leaders in microreaction technology. The company is acknowledged as a front-ranking player in the context of flow chemistry.

Founded in 1989, Shaoxing Eastlake High-Tech Co. Ltd has its seat in Shaoxing, Zhejiang Province, P.R.C. Shaoxing Eastlake High-Tech Co. Ltd is a non-listing public company on China’s NEEQ market and certified as “High and New Technology Enterprise”. The company is considered to be one of the leading Chinese companies in the area of biotechnology and the production of various biochemical and agrochemical products like plant protection, growth regulators and pesticides.

Advisors to Shaoxing Eastlake High-Tech Co. Ltd:

BDO AG Wirtschaftsprüfungsgesellschaft:

Dr Steffen Eube (Lead), Maya Tsenkova, Christian Putzke (all Corporate Finance), Gerlinde Seinsche, Bettina Preisner (both Tax; all Frankfurt/Main).

BDO China:

Decai Zhang (M&A, Guangzhou/China).

BDO Legal:

Thorsten Schumacher (Lead), Peter Bellendorf, Christian Hülsmann (both Corporate/M&A; Düsseldorf/Hamburg), Dr Andreas Graef (public law and regulatory; Düsseldorf/Berlin), Julia Dönch (IP/IT, Commercial), Dr Franziska Hügel, Danny Sassek (both employment law; Düsseldorf).

Jin Mao P.R.C. Lawyers:

Maximilian Han (Shanghai/China).

Bayer AG:

Olaf Hollenkamp (Lead M&A), Dr Deny-Jean Silny (Lead Legal; both Leverkusen).