EJE LAW provided legal advice to Egnis Inc., Korea’s first functional food and beverage company in connection with its acquisition of the assets of Xolution, a German manufacturer specializing in resealable lids for metal beverage cans. The transaction was successfully completed with the support of EJE LAW’s counsel.

Xolution, founded in 2001, is a German company that supplies resealable lid technology to numerous global beverage brands. The company’s portfolio of patents related to its resealable lids is currently valued at approximately EUR 19 million (around KRW 25 billion). For more information, please refer to the article at the link below.

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