A Shanghai-based team led by attorney Shi Jinjuan advised Jiawei Lock on the deal. The team was responsible for matters including but not limited to the preparation of company structure, compliance and governance structure profiles, transactional structure design and the issuance of attorneys’ opinion letter. The expertise, diligence and care exhibited by the attorneys not only won commendation and trust from both parties of the deal, but also respect and recognition from other intermediaries.
Jiawei Lock is one of the leading enterprises in China specializing in the manufacture and sale of locksets, while Assa Abloy is a world-leading manufacturer and provider of locksets. The acquisition in question involved approximately RMB270mln.