Clifford Chance has advised HID Global, a subsidiary of Swedish engineering and technology company Assa Abloy, on the acquisition of LUX-IDent, a provider of radio frequency identification components based in the Czech Republic. HVH Legal advised LUX-IDent on the deal, which is subject to regulatory approval and is expected to close before the end of the year.
LUX-IDent designs and manufactures radio frequency identification components such as inlays, prelaminates, smart labels, wristbands, key fobs, and glass transponders. The company’s primary customers include smart card manufacturers, OEMs, and system integrators.
The Clifford Chance team was led by Counsel Michal Jasek and included Managing Partner Alex Cook, Counsel Dimitri Slobodeniuk, and Associate Jakub Vesely.
