Gide has advised Dalian Canglong Optoelectronic Technology Co., Ltd., on its acquisition of 70% of the equity interests in French high-tech company Almae Technologies SAS.

Canglong Optoelectronic is part of the FiberHome Technologies Group, a major Chinese state-owned enterprise specialising in the manufacturing of optical fibre and cable products for the information technology and telecommunications industries. Its investment aims to boost the research, development and manufacturing of Almae Technologies’ photonic products in both France and China.

Gide acted as lead counsel to Canglong Optoelectronic on all the PRC and French legal aspects of the transaction, including assistance in negotiations and deal structuring, and drafting the share subscription and shareholders’ agreements. The Gide team was led by partner Thomas Urlacher, with the assistance of associates Lu Chen and Marlone Zard in Paris.

The French founders of Almae Technologies were advised by René Chardon of Lexae.