Bird & Bird works with AllBright to assist Phase Motion Control on acquisition of majority stake in OSAIcnc

Bird & Bird, along with AllBright, our Chinese Cooperation Agreement Firm, has successfully assisted Phase Motion Control Ningbo Ltd. in the acquisition of the majority stake of OSAIcnc S.r.l. from Prima Electro S.p.A., an Italian company belonging to a group listed on the Italian stock exchange. 

The parties have entered into an agreement for the sale and purchase of a majority stake and other ancillary agreements aiming at strengthening their future cooperation on the management of OSAIcnc S.r.l., a leader in the business of motion control and CNC systems.

Bird & Bird worked with a team led by partner Alberto Salvadè who was supported by senior associate Andrea Angelillis and associate Sara Calamitosi and provided assistance on corporate and M&A issues. Partner Amedeo Rampolla along with senior associate Daphne Diorio Borri provided employment assistance to the company. Prima Electro S.p.A. was supported by Studio Associato - Consulenza legale e tributaria, KPMG Turin with a team made up by Laura Xiao Fen Hu and Manuela Fabrizi that was coordinated by partner Alberto Cirillo.

 

News & Deals

More News & Deals

Deal

Bird & Bird advises Arm as a cornerstone investor in Raspberry Pi’s London IPO

Jun 25 2024

Read More

News

Bird & Bird and OXYGY announce together with the European Commission and Warren Brandeis the publication of the best practices report 2024 for the European Blockchain Sandbox

Jun 20 2024

Read More

News

Bird & Bird ATMD advised Korea Investment Partners (KIP) on its strategic investment in LiveIn

Jun 19 2024

Read More

Deal

Bird & Bird advised Patria on its acquisition of Nordic Drones

Jun 17 2024

Read More

Deal

Bird & Bird advises Hydrogen Dynamo on the sale of Fjorden Electra to Leica Camera

Jun 14 2024

Read More

News

Bird & Bird and OXYGY announce together with the European Commission 20 use cases selected for second cohort of European Blockchain Sandbox

Jun 13 2024

Read More