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B&O divests its Czech subsidiary


Details

Accura has assisted Bang & Olufsen A/S (B&O) with the conclusion of a share purchase agreement with its long-term business partner, Tymphany Acoustic Technology HK Limited (Tymphany), concerning the acquisition of all the shares in B&O's Czech production company, Bang & Olufsen s.r.o.

Tymphany will continue to produce B&O's products in the Czech factory, where all of Bang & Olufsen s.r.o.'s employees also will be transferred to Tymphany.

The transaction is subject to approval by the authorities and is expected to be completed within a few months.

Kåre Stolt, Poul Jagd Mogensen and Noel Strange-Obel Johansen advised B&O.


Contact

Kåre Stolt
Kåre Stolt

Senior Partner, Attorney-at-Law

Mobile: +45 3078 6600
kaare.stolt@accura.dk