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Boyanov & Co Advises Note on Acquisition of ATM Electronics

Boyanov & Co Advises Note on Acquisition of ATM Electronics

Bulgaria
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Boyanov & Co has advised Swedish manufacturing company Note on its acquisition of Bulgarian electronics manufacturer ATM Electronics.

"Through the acquisition, Note gets its second plant in Eastern Europe," Boyanov & Co informed. "The plant in Bulgaria is expected to meet a rapidly growing need for cost-effective production close to customers in Europe."

Note is a Swedish manufacturing company with a presence in Finland, the UK, Estonia, Bulgaria, and China. ATM Electronics focuses on manufacturing electronics and has operations in Sofia, with electrical assembly done in nearby Petrich.

"We are enthusiastic about this acquisition, which, in addition to adding another profitable plant to the group, also expands our manufacturing capacity in Eastern Europe," Note CEO and President Johannes Lind-Widestam commented. "We see great value in the fact that we are now expanding the possibilities to offer our existing customers advanced electronics manufacturing in a very cost-effective part of Europe. Together with existing customers, staff, and management in Bulgaria, we look forward to developing the business further and continuing our profitable growth journey."

The Boyanov & Co team included Partner Yordan Naydenov, Counsel Mihail Vishanin, and Associate Nikol Rahmanlieva.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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