King & Wood Mallesons advises Mesnac on successful acquistion of majority stake

King & Wood Mallesons has advised Mesnac Co Ltd on its successful acquisition of a majority stake in Test Measurement Systems, Inc (TMSI), a developer and maker of testing equipment for the tyre and automotive industries in Ohio, USA.

Mesnac, headquartered in Qingdao city, Shandong, is a global enterprise that supplies a wide range of tire manufacturing equipment ranging from raw material mixing to final product testing.

The project was led by King & Wood Mallesons partner Xu Ping and partner George Zhao, together with the core team member Wei Kao.

Acting as the lead legal counsel, King & Wood Mallesons fully participated in all aspects of the project, including due diligence, negotiation, restructuring, tax advisory, executions of transaction agreements, and completing the transaction.