M&A Team Advise on Arrow Electronics, Inc.’s USD 238 Million Acquisition of Richardson Electronics, Ltd.
2011.03.01.
In relation to Arrow Electronics, Inc.'s ("ARW") acquisition of the global assets and operations of the RF, Wireless and Power Division of Richardson Electronics, Ltd. and its subsidiaries in 21 countries, Yulchon's M&A Team advised ARW on the Korean aspects of the acquisition totaling KRW 3.8 Billion.
ARW expects the acquisition will help the company to expand in the wireless and power conversion markets on a global basis with specialized expertise in RF engineering. The acquisition will also help ARW to increase its foot print in the emerging Asia-Pacific market, which it continues to focus on.
Partners Sang Wook Cho and Kyoung Yeon Kim of Yulchon's M&A Team led the deal, supported by senior foreign counsel Tehyok Daniel Yi, associate Hyun Jeong Kim and foreign attorney Sang Wook Daniel Han.
