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Noerr advises CCTC on Vermes Microdispensing acquisition

Noerr has advised ChaoZhou Three-Circle (Group) Co (CCTC), a Chinese manufacturer of electronic components and high-tech ceramic products, in connection with the acquisition of all shares in Vermes Microdispensing, a German specialist in microdispensing systems.

Vermes Microdispensing, with headquarters in Otterfing near Munich, is a world leader in the design and manufacture of innovative microdispensing concepts and systems for adhesives, silicones, greases, solvents and other fluids. The solutions and products of Vermes Microdispensing are utilized in several areas. CCTC is a listed company with headquarters in Chaozhou, China with more than 6,000 employees. The company is ranked among the Top 10 of Chinaʼs electronic component manufacturers.
 
CCTC was advised on all aspects of the transaction by a team from Noerrʼs China desk led by Florian Becker and Robert Korndörfer. With its China desk, Noerr is one of the leading law firms in Europe advising on the commercial activities of Chinese companies and investors. Two of its recent exceptional transactions are the acquisition of the Broetje Automation Group by the Shanghai Electric Group, and the acquisition of the drive technology specialist VEM, a former member of the Merckle Group, by Chinese motor manufacturer SEC.

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