Deals & Cases
MLL advised the private sellers of ancosys GmbH on the sale to NOVA Ltd.
MLL advised the private sellers of ancosys GmbH on the sale to NOVA Ltd on all legal and tax aspects of the transaction.
Headquartered in Germany, ancosys GmbH is a globally leading provider of chemical analysis and metrology solutions for advanced semiconductor manufacturing, providing automated analytical equipment and expertise to control chemical-based manufacturing processes around the world both for front-end and back-end semiconductor manufacturing. The company operates subsidiaries in Taiwan, South Korea and the United States.
The acquisition is subject to customary closing and regulatory conditions and approvals and is expected to close within the first quarter of 2022.
Nova Ltd., a leading innovator and global provider of high-end metrology solutions for advanced process control used in semiconductor manufacturing, acquired the ancosys group in an all-cash transaction valued at approximately USD 100 million. Nova Ltd. is dual-listed at Nasdaq (NVMI) and the Tel Aviv Stock Exchange (NOVA).
MLL advised the sellers on all legal and tax aspects of the transaction, including the structuring of the transaction and the drafting and negotiation of the share purchase agreement and all other transaction documents. The team was led by Alexander Vogel (partner and co-head corporate/M&A team) and included Thomas Nabholz (partner and co-head tax team), Christian Rebell (senior associate M&A) and as well as Loredana Hartmann and Melanie Müller (both associates M&A).
Please find Nova’s press release here.
