Global law firm Norton Rose Fulbright has advised Mycronic AB, a listed Swedish high-tech company, on its acquisition of French technology company, Vi Technology, from Neptune Group and other financial shareholders. The transaction was completed on October 27, 2017.

Vi Technology develops, manufactures and sells solutions for inspection during the assembly process in printed circuit board (PCB) manufacturing. The company has delivered approximately 3,000 systems to 500 customers. Customers are mainly in market segments such as automotive, aerospace, consumer, industrial, medical and telecom infrastructure. The company has subsidiaries in Germany, Singapore, the US and a branch in China, totalling around 100 employees.

Karine Montagut, corporate partner specialised in M&A operations, comments: “We are proud to have advised Mycronic on this transaction that will foster its presence on the French market. Immediate synergies for both companies will result from this acquisition. Notably, Mycronic will strengthen its core business with innovative solutions for the inspection of assembly lines, which will prove to be a great asset for the development of the company.”

Norton Rose Fulbright’s international team was led by Paris based partner Karine Montagut, assisted by senior associate Marie-Adélaïde de Fleurieu and associate Anne Laredo. Further advice was provided by partner Philippe Hameau and associate Guillaume Rudelle. Partner Marta Giner Asins and of counsel Arnaud Sanz advised on the distribution aspects. Partner Laure Joncour, of counsel Marie-Thérèse Eugenio and associates Elodie Grangier and François Guillon were in charge of the employment law aspects. Dallas partner Scarlet McNellie has advised on the US law aspects with respect to the American subsidiary. Singapore partner Anna Tipping and Shanghai partner Lynn Yang have advised with respect to the Singapore subsidiary and Chinese branch.