Dacheng attorneys advise agricultural machinery manufacturer on equity merger

Dacheng attorneys have advised Shandong Jinyee Machinery on its sale of equity to CLAAS, a manufacturer of agricultural engineering equipment headquartered in Germany.

Shandong Jinyee Machinery is a manufacturer of harvesters in China that has two main production bases located in the Gaomi of Shandong province and the Daqing of Heilongjiang province.

The Shandong-based company was advised by a Dacheng team led by senior partner Zhang Nianchun from the M&A practice, with support from Qiu Juan and Wu Huanhuan.

The attorneys took part in negotiations with the German manufacturer, drafted and reviewed all transaction-related documents and application materials, assisted the client in seeking approval from government regulators such as the Ministry of Commerce and assisted in the completion of the transaction.