IMI Announces Divestment of Czech Operations
Deal News | Jun 10, 2025 | CEE Legal Matters
Allen & Overy and Shearman & Sterling have advised Micro-Electronics, through its subsidiary Cooperatief IMI Europe U.A., on selling its IMI Czech Republic unit to Keboda Deutschland. Havel & Partners, alongside Linklaters, provided advisory services to Keboda Deutschland. The deal is subject to regulatory clearance and forms part of IMI's strategic restructuring and footprint rationalization plan intended to enhance operational efficiency and focus. IMI, operating in the electronics manufacturing solutions sector, targets various industries, including automotive and medical. The advisory team from A&O Shearman includes Partner Prokop Verner and Associate Viktor Vrablik, while the Havel & Partners team includes Partner Jan Koval, Managing Associate Vladimir Ivanov, and Senior Associate Robin Stork.
Sectors
- Electronics Manufacturing
- Automotive Industry
- Legal Advisory Services
Geography
- Czech Republic – The transaction involves the divestment of operations located in the Czech Republic.
- China – Keboda Deutschland's parent company, Keboda Technology, is publicly listed in China.
- Germany – Keboda Deutschland, the buyer, is a subsidiary based in Germany.
Industry
- Electronics Manufacturing – IMI operates within the electronics manufacturing solutions sector, catering to automotive, industrial, and other segments.
- Automotive Industry – One of the sectors served by IMI's electronics manufacturing solutions includes automotive, indicating the relevance of this industry classification.
- Legal Advisory Services – The sale involved multiple legal firms advising on the transaction, highlighting the importance of this industry in facilitating the deal.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Micro-Electronics | Selling Company | Company | Parent company of IMI Europe U.A., divesting its Czech operations. |
| Cooperatief IMI Europe U.A. | Target Company | Company | Subsidiary of Micro-Electronics involved in the divestment. |
| Keboda Deutschland | Buyer | Company | German subsidiary acquiring IMI's Czech operations. |
| Keboda Technology | Parent Company of Buyer | Company | Chinese publicly listed parent company of Keboda Deutschland. |
| Allen & Overy | Legal Advisor | Company | Advising the selling company, Micro-Electronics. |
| Shearman & Sterling | Legal Advisor | Company | Co-advising the selling company. |
| Havel & Partners | Legal Advisor | Company | Advising the buyer, Keboda Deutschland. |
| Linklaters | Legal Advisor | Company | Co-advising the buyer. |