An International Transactions team from Haynes and Boone, LLP represented Forefront Medical Investment Pte Ltd., a subsidiary of a company listed on the Singapore Exchange Securities Trading Limited (SGX), in the negotiation of a lease for a new manufacturing facility in Mexico. The facility is a new 68,000-square-foot building in Juarez and will be Forefront Medical’s fifth medical devices contract manufacturing plant.
The Haynes Boone team representing Forefront Medical included Partners Larry Pascal and Edgar Klee, Counsels Cesar Ramirez Del Angel and Mauricio Reynoso, and Associate Fernanda Ruizesparza.
“We are honored to have advised Forefront Medical on their expansion into Mexico,” Larry said. “We hope that the new space in Juarez will provide an optimal environment for the company's growth and prosperity in their new market.”
Forefront Medical has two major manufacturing facilities in China, one in Singapore, and one in the United Kingdom. With the addition of the Mexican facility, Forefront Medical will have manufacturing operations in Asia, Europe and the Americas. Their parent company, Vicplas International Ltd., is listed on the Singapore Stock Exchange.
The new plant will be fitted to meet the company’s requirements and include certified cleanrooms for molding and assembly operations. The plant will be managed and operated to provide the manufacturing quality standards currently expected and provided to Forefront Medical customers. It is targeted to be operational in the second half of 2024.
About Haynes Boone
Founded in 1970, Haynes and Boone, LLP provides a full spectrum of legal services across multiple sectors, including energy, financial services, private equity and technology. The firm’s nearly 700 lawyers practice in 19 offices in California, Colorado, Illinois, New York, North Carolina, Texas, Virginia and Washington, D.C., as well as London, Mexico City and Shanghai. Haynes Boone was recognized in the 2022 BTI Consulting Group’s A-Team report, which identified firms commended by in-house counsel for superior client service, and it was ranked 21st in The American Lawyer’s 2023 Diversity Scorecard, which evaluated 228 participating firms by the diversity of their attorney populations. The Latin American practice has been recognized by various market sources, such as Chambers, Latin Lawyer and Latinvex. For more information, visit haynesboone.com.
