Latham & Watkins advises Fedrigoni on acquisition of BoingTech

Latham & Watkins has advised Fedrigoni, a global manufacturer of specialty papers for luxury packaging and other creative applications, self-adhesive labels, graphic media for visual communication and RFID solutions, on the acquisition of a majority stake in BoingTech, a subsidiary of Shanghai Inlay Link Inc. (a NEEQ-listed Chinese holding company) and a pioneer in the production of RFID inlays and tags. As part of the transaction, Shanghai Inlay Link will retain a significant stake to ensure a smooth transition and continuous improvement of the business, while Fedrigoni will have the right to purchase the remaining shares of BoingTech in the future.

The transaction constitutes a “significant asset restructuring” under the NEEQ rules and is one of the first transactions of its type by an international investor.

The Latham team was led by Hong Kong corporate partner Frank Sun, with Beijing partner Jason Zhao and Hong Kong partner Heidi Lui, and Beijing legal consultant Yuxuan Chen. General corporate advice was also provided by Milan partner Giorgia Lugli and partner Luca Maranetto.