Homburger advised Mitsubishi Electric Corporation in its acquisition of ASTES4 SA
On August 3, 2018, Mitsubishi Electric Corporation (Mitsubishi Electric) (TOKYO: 6503) announced that it acquired ASTES4 SA (ASTES4), a Swiss company engaging in the development, production and sales of patented automated sorting solutions for sheet metal laser processing machines.
With ASTES4 as a wholly owned subsidiary, Mitsubishi Electric will offer integrated solutions to the global market with ASTES4’s automated sorting systems embedded into Mitsubishi Electric’s high value-added sheet metal laser processing machines. Mitsubishi Electric aims to further expand its worldwide business through this acquisition.
Homburger advised Mitsubishi Electric in this acquisition. The Homburger team was led by partner Claude Lambert and included associates Sergio Bortolani, Sarah Chevalley and junior associate Simone Schmid (all Corporate / M&A) as well as associate Luca Dal Molin (IP / IT).