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[Deal Announcement]

LNT ADVISED HAIER ON ITS ACQUISITION OF FERROLI ASEAN IN VIETNAM

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LNT is delighted to have acted as Vietnam lead counsel to Haier on its acquisition of a 100% equity interest in Ferroli Asean, the Vietnamese subsidiary of Italian-based HVAC group Ferroli. The transaction closed on 23 October 2026.

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It was a pleasure to support Haier on this strategic investment, and we are grateful for their continued trust in our team. LNT was involved in the transaction end-to-end and led all Vietnamese regulatory workstreams - from securing merger control clearance and foreign investment approvals to coordinating cross-border closing and completing post-closing corporate and investment registrations.

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The engagement reflects LNT’s strength in cross-border M&A, combining deep regulatory expertise with hands-on execution to deliver a smooth closing.

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The LNT team was led by Partner Dr. Nguyen Anh Tuan, newly named M&A Lawyer of the Year at the Asia Legal Awards 2026. Key team members included:

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FDI workstream: Senior Associate Nguyen Tam Danh

Antitrust workstream: Senior Associates Tran Hoang My and Tran Hai Thinh, and Associate Nguyen Hoai Vu

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The project team also received assistance from Trainee Associates Trinh Minh Vu, Hoang Thi Thanh Hien and Ngo Doan Cat Thy.

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Read more about the transaction here: https://vnexpress.net/haier-hoan-tat-thuong-vu-mua-lai-ferroli-asean-5140240.html