Global law firm White & Case LLP has advised Legris Industries Group (Legris), the France-based diversified industrial group, on its sale of Savoye Logistics (Savoye) to Noblelift Intelligent Equipment Co. (Noblelift), a family-owned industrial group listed on the Shanghai Stock Exchange.
Savoye is a global designer and integrator of IT solutions, automated systems and other equipment for logistics hubs. It has more than 600 employees based on 14 sites in France and other international markets. The transaction will broaden Savoye's access to global intralogistics markets, notably giving it a presence in China. Savoye will also continue its current expansion in the US.
The White & Case team which advised on the transaction included partners François Leloup (Paris) and Alex Zhang (Shanghai), and associates Delphin Boucher, Florian Martin (both Paris) and Caroline Wang (Shanghai).
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