CMS Bureau Francis Lefebvre advises MAG IAS on the acquisition of Forest-Liné

CMS Bureau Francis Lefebvre is announcing today that it has advised MAG IAS (USA), the world leader in metal cutting and composites processing, on the acquisition of Forest-Liné, one of the world's major operators in the manufacture of large and high precision components, which operates sites in China, Canada and the United States.

MAG Europe GmbH, a holding company based in Göppingen, Germany which controls MAG IAS's European activities, has acquired 100% of the shares in Groupe Forest-Liné.

Jacques Isnard, a Partner at CMS Bureau Francis Lefebvre, stated: "This transaction once again highlights our know-how and our involvement in the Franco-German dynamic, several transactions having been completed since the beginning of the year. It is also interesting for the aspects of Chinese law it involves."

Purchaser's Advisers:
France/ CMS Bureau Francis Lefebvre

• Corporate: Jacques Isnard, Virginie Corbet
• Taxation: Edouard Milhac
• Intellectual Property: Anne-Laure Villedieu
• Employment law: Fabien Pomart

Germany / CMS Hasche Sigle

• Corporate: Antje Becker-Boley, Jochem Lamb

Chine /CMS China

• Corporate: Ulrike Glueck

Vendor's Advisers: Brault & Associés
Corporate: Gatienne Brault, Véronique Furnal

For further information, please contact :

• NewCap (Agence de Presse)
  Nicolas Merigeau | +33 1 44 71 94 98
• CMS Bureau Francis Lefebvre
  Florence Jouffroy / Tel: +33 1 47 38 40 32
  Laetitia Mostowski / Tel: +33 1 47 38 40 74