Baker & McKenzie recently advised MCH Messe Schweiz (Basel) AG (MCH Swiss Exhibition (Basel) Ltd.), a company belonging to the MCH Group AG/Ltd., on the acquisition of the remaining 40 percent of the shares in Asian Art Fairs Limited in Hong Kong. MCH Group had acquired 60 percent of the shares in Asian Art Fairs Limited in July 2011 and utilized its option to acquire the 40 percent balance in 2014.

In 2008, Asian Art Fairs Limited launched ART HK - Hong Kong International Art Fair. Following the acquisition of the majority shares in Asian Art Fairs Limited by MCH Group in 2011, the show has been developed into Art Basel's platform in Asia, the leading international art fair in Asia, running alongside Art Basel's shows in Basel and Miami Beach. The first edition of Art Basel in Hong Kong took place in 2013.

The multijurisdictional Baker & McKenzie team was led by Zurich-based corporate and compliance partner Philippe Reich and supported by Hong Kong-based corporate partner Michael Horman.