Nasdaq-listed Nano Dimension acquires Essemtec. The advisors
Essemtec, a developer and producer of highly flexible SMT (surface mount technology) pick-and-place equipment headquartered in Aesch, Switzerland, has signed and closed a definitive agreement to be acquired by Nasdaq-listed Nano Dimension.
Nano Dimension will pay Essemtec shareholders a total sum, in cash, ranging between USD 15.1 million to USD 24.8 million. USD 15.1 million will be paid upon closing. An additional amount of up to USD 9.7 million will be paid over 14 months based on a pre-agreed performance-based formulas.
The advisors
Lenz & Staehelin is advising the selling shareholders of Essemtec. The team includes partner Matthias Wolf (pictured) and associates Norman Walczak and Sven Infanger (all corporate/m&a).
A team of CMS Switzerland and CMS Deutschland led by Stefan Brunnschweiler (pictured) is acting as Swiss and German legal counsel for Nano Dimension on all legal aspects regarding the transaction. The team further consisted of Andrea Relly, Mark Cagienard, Thomas Urs Zweifel, Dirk A. Spacek, Aline Steffen, Sarah Keller, Hendrik Hirsch, Berrit Roth-Mingram, Thomas Gerdel and Martin Friedberg.
