LMP advises CAC Joint Stock Company on the sale of 65% of its stake to Fuji Electric Co., Ltd.

LMP has acted as the legal advisor to the owners of CAC Joint Stock Company (“CAC”), a leading Industrial Solution Provider in Electrical, Automation & Control market, and now acting as Main MEP Contractor (complete scope of Electrical, Control, HVAC, and Piping & Firefighting) in Vietnam and Asean Countries, in connection to the sale of their stake in CAC. The buyer is Fuji Electric Co., Ltd (“FE”), a Japanese electrical equipment company, manufacturing pressure transmitters, flowmeters, gas analyzers, controllers, inverters, pumps, generators, ICs, motors, and power equipment.

LMP advised CAC on all legal matters arising from the transaction and accompanied the contract drafting and negotiations. Within the service rendered, LMP is mandated to assist CAC in completing all the necessary steps to register FE as the foreign shareholder of the company and other post-transaction completions.

Deal leader is Managing Partner Le Minh Phieu.

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