BOYANOV & Co. Assisted NOTE AB (publ) to Acquire a Modern Electronics Plant in Bulgaria
May, 2023 - Sofia, Bulgaria
“NOTE expands its manufacturing capacity through the acquisition of all shares in the Bulgarian electronics manufacturer ATM Electronics. Through the acquisition, NOTE gets its second plant in Eastern Europe. The plant in Bulgaria is expected to meet a rapidly growing need for cost-effective production close to customers in Europe.
NOTE is one of northern Europe’s leading EMS partners, producing PCBAs, subassemblies, and box-build products. NOTE’s offering covers the complete product lifecycle, from design to after-sales. NOTE has a presence in Sweden, Finland, the UK, Estonia, Bulgaria, and China.” (https://www.note-ems.com/en/press-releases/note-acquires-modern-electronics-plant-in-bulgaria/)
BOYANOV & Co.’s assistance was instrumental to the rapid preparation of the transaction, completed in exactly 2 months from its starting date till its completion. The lawyers from Boyanov & Co were in charge of the full-scale legal due diligence of ATM Electronics EOOD, the drafting, and negotiation of the bilingual transactional documentation, and last but not least, assisting the two parties in finding the common pace in moving the deal forward and understanding the each other’s approach and expectations from the deal and its format. The careful planning and preparation secured the smooth closing of the deal within the indicated deadlines despite the aggressive timeline.
Lawyers who formed the BOYANOV & Co. team for this deal – Yordan Naydenov, Mihail Vishanin, Nikol Rahmanlieva.
