Bird & Bird advises Radio Frequency Systems on the sale of its global cable business to Yangtze Optical Fibre and Cable Joint Stock
Contacts
International law firm Bird & Bird has advised Radio Frequency Systems Holding GmbH (RFS), a Nokia Group company, on the sale of its global cable business (excluding North America) to the Chinese Yangtze Optical Fibre and Cable Joint Stock Ltd (YOFC). The transaction under German law was signed in August 2023 and was subject to customary closing conditions, including foreign direct investment control. Closing took place at the beginning of the second quarter of 2024.
RFS is a global developer and manufacturer of cable, antenna, and mast systems as well as active and passive radio frequency modules and offers complete solutions for wireless infrastructures. YOFC is a China-based company specialising in the manufacture and sale of optical fibres and cables. With the acquisition of RFS, YOFC plans to optimise its production capacities, diversify its product portfolio, and open up new markets.
RFS Holding GmbH has been advised by the following Bird & Bird lawyers: partner Stephan Kübler, LL.M. and Counsel Michael Gassner (both lead), associates Kilian Hummel and Janine Lanfermann-Schmid (all Corporate/M&A, Munich), partner Dr. Stephan Waldheim (Antitrust, Dusseldorf), partner Thomas Hey, associate Julia Bellinger (both Employment, Dusseldorf), partner Johannes Wirtz, LL.M. (Finance & Financial Regulation, Frankfurt), partner Dr. Henriette Picot (Commercial, Munich), partner Shane Barber, associates Alex Lazar and Lachlan Holmes (all Corporate/M&A, Sydney), partner Thomas Jones, associate Patrick Cordwell (both Commercial, Sydney), associate Thomas Du (Employment, Sydney), associate Aaron Mathew (Finance & Financial Regulation, Sydney), partner Sven-Michael Werner, associate Aubrey Tao and Esther Ma (all Corporate/M&A, Shanghai).