De Beers Group Acquires 33.4% Stake in Synova
The De Beers Group of Companies has acquired a 33.4% equity stake in Synova. The Swiss based company Synova SA is the owner and supplier of the patent protected jet Laser MicroJet (LMJ) technology. As a member of the Anglo American Group, De Beers Group is the world's leading exploration, mining and marketing company in diamonds.
Bär & Karrer acted as Swiss legal counsel and Bird & Bird London as UK counsel to De Beers Group in this transaction. The Bär & Karrer team included Michele Bernasconi, Michael Trippel, Jan Kleiner, Lukas Stocker and Frédéric Mancosu (all M&A/Corporate) as well as Raoul Stocker (Tax).