Bird & Bird advises Eve Systems on investors entry

By Stefan Muench

01-2021

Bird & Bird LLP advised Eve Systems GmbH on the entry of Taiwanese Dexatek Technology Ltd as strategic investor. Following the investment, Dexatek now holds a minority stake of 19% in Eve Systems GmbH.

Based in Munich, Eve Systems is a leading German provider of smart home products for consumers. Dexatek is a subsidiary of Ennoconn, which itself is listed on the stock exchange and belongs to the Foxconn Group. It is a leading global player in designing, manufacturing and marketing IoT products, multimedia, mobile TV receivers, capturing devices and consumer electronic products.

Eve Systems GmbH was advised by the following Bird & Bird lawyers: Counsel Michael Gassner, Partner Stefan Münch and associate Daniel Gloor, all corporate/M&A, Munich.