On March 3, 2012, Tokyo Electron Ltd. announced that it entered into a share purchase agreement with Oerlikon Corporation AG for the acquisition of Oerlikon's solar segment.
On March 3, 2012, Tokyo Electron Ltd. announced that it entered into a share purchase agreement with Oerlikon Corporation AG for the acquisition of Oerlikon's solar segment. The transaction is subject to customary closing conditions, including merger control approvals. The financial terms of the acquisition were not disclosed. Oerlikon Solar is headquartered in Trubbach, Switzerland, and employs 675 people in 8 locations worldwide. It offers field-proven equipment and turnkey manufacturing lines for the mass production of thin film silicon solar modules.
The Homburger team is led by David Oser (partner, Corporate | M&A) and includes Nadine Wahlquist (associate, Corporate | M&A) and Nathalie Högger and Sarah Schulthess (both junior associates, Corporate | M&A). Gerald Brei (partner, Competition) provided merger control advice, and Richard Stäuber (associate, IP | IT) advice regarding IP rights.
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