Naschitz and Meitar on USD 348 million cross-border M&A

Categories: Corporate and M&A

NASDAQ-listed Ultra Clean Holdings has entered into a definitive agreement to buy Ham-Let (Israel-Canada), a public company on the Tel Aviv Stock Exchange, for USD 348 million.

Ham-Let is a global leader in the development, manufacturing, and distribution of high- purity and industrial flow control systems used for the manufacturing of complex semiconductor devices.

The Naschitz Brandes Amir team advising Ham-Let was led by Senior Partner and Head of the M&A practice, Sharon Amir together with partners Einat Rosu, Avishai Eliash, and associates Danielle Weissman and Shachar Hananel.

Meitar Law Offices served as lead legal advisor to Ultra Clean Holdings, with assistance from Davis Polk and Wardwell LLP.

The transaction is expected to close in the latter part of Q1 or early Q2, according to the report on NASDAQ.