On December 17, 2024, Meishan Boya Advanced Materials Co.,Ltd (“Boya”), a leading Chinese company in Lutetium Silicate Scintillation Crystals, signed a complex asset purchase (iridium crucibles), and patent deal with Luxium Solutions SAS and its US sister company (“Luxium”), a top player in this field and portfolio company of SK Capital. Luxium is a former subsidiary of French giant Saint-Gobain.
The Deal
Boya secures exclusive rights to use Lutetium Silicate Scintillation Crystal patents owned by Luxium and the deal is a complex asset deal agreement, subject to French FDI control. The agreement expands Boya’s IP portfolio and underscores its commitment to maintaining a leading edge in the field.
Our team of experts advising Boya on this transaction
Head of China Desk in Paris
Corporate Law
Corporate Law
Corporate Law
Customs and International Trade Law
Our firm worked with Zhong Lun in China and Minerva for US IP matters.
