Lexist, working with Mayer Brown, has advised AGM on its acquisition of Oppo's operations in Turkiye, including its manufacturing plant in Tuzla, Istanbul.
Oppo is a Chinese technology products conglomerate with an estimated global smartphone market share of 10%, according to Lexist. It has been active in the Turkish market since 2020.
According to the firm, "with this acquisition, AGM will have the sole and exclusive sub-license to manufacture, market, distribute, sell, and provide after-sales services in relation to Oppo products in Turkiye."
The Lexist team included Partner Mesut Kaya, Senior Associate Kadir Ozdemir, and Associate Yigit Kocer.
