Merger of TCP International Holdings Ltd. with a company controlled by Ellis and Solomon Yan

On December 13, 2017, TCP International Holdings Ltd. ("TCPI"), a leading global manufacturer and distributor of energy efficient lighting technologies, announced that it has entered into a definitive merger agreement pursuant to which a group controlled by Ellis Yan and Solomon Yan will acquire all shares of TCPI. Completion of the merger is expected to occur in early 2018 and is subject to the approval by the shareholders of TCPI and other conditions customary for this type of transaction.

Lenz & Staehelin is advising TCPI in this transaction. The team is led by Hans-Jakob Diem (partner, Corporate and M&A) and includes associates Simone Ehrsam (Corporate and M&A) and Stephan Brandner (Tax).