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Home>News Center>HANSHENG LAW OFFICES

HANSHENG LAW OFFICES

2026-09-22
On September 15, 2026, the transaction involving Alteams Group, a European industrial manufacturing company, for the sale of its majority equity interest in its Chinese subsidiaries and its Suzhou manufacturing facility was officially completed. Shanghai Hansheng Law Offices (Hansheng)participated in the launch of this project in 2025 and worked collaboratively with Huatai United Securities and has provided comprehensive support throughout the transaction. Senior Partner Ms. Sharon Zhu, as the lead legal counsel for the project, was involved throughout the key stages of the transaction, including the project’s initial launch, transaction structuring, legal due diligence, contract negotiations, drafting and revision of transaction documents, and the completion of corporate registration, tax and foreign exchange changes. Hansheng ultimately assisted all parties in successfully completing the closing.


Alteams Group is a Finnish industrial manufacturing company with more than 80 years of global experience in lightweight aluminum casting. The company has established sustainable operations in Finland, Poland and India and has developed extensive expertise in lightweight aluminum casting solutions. Established in 2001 to support the rapidly growing telecommunications market in China, Alteams Suzhou entity has grown into a leading provider of advanced aluminum casting solutions. It currently employs approximately 500 professionals and serves customers in both the Chinese and global markets. Against the backdrop of the restructuring of global supply chains and adjustments to its localized operating strategy, Alteams Group decided to divest the majority of its relevant business operations and assets in China and introduce a buyer with strong industrial synergies and local operating experience. The transaction enabled Alteams Group to maintain its strategic focus at the European headquarters while achieving an orderly exit from its China-based assets.


Leveraging extensive experience in cross-border M&A and foreign investment-related legal services, Sharon Zhu and her team at Hansheng provided comprehensive legal support throughout the transaction. Ms. Zhu has extensive experience in cross-border legal services and has provided end-to-end legal support to a number of European and Southeast Asian companies in connection with cross-border investments and business cooperation. In this transaction, Ms. Zhu led her team in handling the drafting, negotiation and execution of the transaction documents, as well as the implementation of post-signing and closing matters. The team identified legal risks and commercial challenges arising from the cross-border nature of the transaction at an early stage and developed solutions that combined legal expertise with practical feasibility amid the interests of multiple parties. The project demonstrated the team’s strong professional capabilities and its ability to coordinate complex matters across multiple jurisdictions.


Shanghai Hansheng Law Offices will continue to leverage its international legal services platform to provide integrated legal solutions for businesses in areas including cross-border investment, overseas M&A and industrial asset restructuring. Hansheng remains committed to supporting both Chinese and international companies in optimizing the allocation of global resources and advancing industrial transformation and upgrading through professional and practical cross-border legal services.




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