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We advised in the sale of Confidex Ltd's shares

  • Finland

    09-05-2022

    We acted as the sellers’ legal adviser as they sold all shares of the technology company Confidex Oy to Tags Lux Sarl, which is a part of the Brazilian Beontag Group. The sellers are the company’s Finnish management and small investors, the principal owner being the Hong Kong fund DongFin Investment Co. The transaction also included the company’s foreign subsidiaries in China and the USA. 

    Confidex designs and delivers short-range wireless identification solutions built on RAIN RFID, NFC and HF-based tags, labels and tickets, wireless ioT solutions, as well as Bluetooth Low Energy beacons.

    Beontag is a technology company with a broad portfolio of IoT solutions, focused on the manufacturing of RFID labels as well as on software development for digital transformation and sustainability of supply chains and manufacturing, including traceability and authentication of products.

    Partner Harri Tolppanen was responsible for the assignment. The team also included Specialist Counsel Henrik Sandholm and Senior Associate Linda Miettinen.

    Read more in:

    Confidex’s News & Events

    Beontag’s release

     

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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