Bizlink Holding Inc. (TSEC:3665) signed a sales and purchase agreement to acquire Electrical Appliance Assemblies Business from LEONI Cable Assemblies GmbH, Leoni Slovakia, Spol. S R.O., and KB Kabel Beteiligungs-GmbH for an enterprise value of €50 million on January 6, 2017. Electrical Appliance Assemblies Business include EA Cable Assemblies GmbH, Leoni Cable Belgium N.V., Leoni Cable Assemblies Slovakia S.R.O., EA Assemblies (Hongkong) Co., Limited, LEONI Cable (Xiamen) Co., Ltd., LEONI Cable Assemblies (Changzhou) Co., Ltd., LEONI WCS Southeast Europe d.o.o. The purchase price is subject to cash, debt and working capital adjustments at closing and will be paid in cash on completion of the transaction. Electrical Appliance Assemblies Business reported revenue of €137 million in 2016. The proposed transaction is subject to regulatory approval and customary closing conditions. The closing of the divestment process is expected to happen in the first half of 2017. Daniel Wiegand, Simon Patrick Link, Changfeng Tu, Matthias Scheifele, Markus Röhrig, Jakub Lorys, Georg Heiß, Christian Winkler, Claudia Nees and Malcolm Tiffin Richard of Hengeler Mueller Partnerschaft von Rechtsanwälten mbB acted as legal advisors for LEONI. Gwyneth Gu, Gerald Schumann, Alexandr Cesar, Cherrie Shi, Christina Lee, Dominique Martens, Davinia Martens, Christoph Dachner, Maria Eger, Jun Chen, Werner Berg, Johannes Teichmann, Vitaline Bouckaert, Vlastimil Kreysa, Barbora Kreysova, Antonia Rojahn, Jiahua Wu, Cathy Zhai, Cora Wu, Emmy Lo, Ling Ling Ng, Gavin Bushell, Oksana Simonova, Werner Berg, Agapi Patsa, Olga Mikheieva, Johannes Teichmann, Katja Giese and Benjamin Koch of Baker & McKenzie LLP acted as legal advisors for Bizlink Holding. Daniel Wiegand (M&A), Simon Patrick Link (Corporate) (both Munich), Changfeng Tu (M&A, Shanghai), Matthias Scheifele (Tax, Frankfurt), Markus Röhrig (Antitrust, Brussels), Jakub Lorys, Georg Heiß, Christian Winkler (all M&A, Munich), Claudia Nees (Tax, Frankfurt) and Malcolm Tiffin-Richards (Antitrust, Brussels) of Hengeler Mueller acted as legal advisor for Leoni. Lincoln International acted sa financial advisor to LEONI Cable Assemblies GmbH and LEONI Slovakia, spol. s r.o.