Loyens & Loeff advised TPV Technology Limited on the television joint venture with Koninklijke Philips Electronics N.V. for an undisclosed consideration. The new company will be 70% owned by TPV and 30% by Philips.
The joint venture will be responsible for the design, manufacturing, distribution, marketing and sales of Philips’ television business worldwide, with the exception of mainland China, India, United States, Canada, Mexico and certain countries in South America.

The Loyens & Loeff team was led by Harmen Holtrop with Serge Zwanen for IP/IT.