Darfon Electronics acquires GROFA Action Sports GmbH
Client(s) Darfon Electronics Corp.
Jones Day advised Darfon Electronics, a Taiwanese listed electronics group, known among other things as the owner of the e-bike brand BESV, on the acquisition of 80% of the shares in GROFA Action Sports GmbH in Bad Camberg, Germany.
GROFA Action Sports GmbH, founded in 1980, is a distributor of bicycles, e-bikes and their components, cycling and sports accessories, e-kick scooters, and consumer electronics. The distribution network covers Germany, Austria, Belgium, the Netherlands, Luxembourg, and Poland.