Kinstellar has advised TTM Technologies on its proposed acquisition of the Ophir Optics business from MKS for approximately USD 650 million. The transaction represents a significant strategic investment for TTM Technologies, expanding its portfolio of advanced technology and mission-critical solutions for defense, security and industrial applications.

The transaction remains subject to customary closing conditions, including regulatory approvals and governmental consents, and is expected to close in the second quarter of 2027.

TTM Technologies is a U.S.-based global manufacturer of mission systems, radio frequency components and advanced interconnect products. Ophir Optics manufactures high-precision infrared thermal imaging and laser optics, with production facilities in Romania and Israel. MKS is a U.S.-based provider of technology solutions for semiconductor manufacturing, electronics and packaging, and specialty industrial applications.

Kinstellar advised TTM Technologies on the Romanian law aspects of the transaction, including legal due diligence on the Romanian operations of the target business, the transaction documentation and regulatory matters.

The team was led by Rusandra Sandu (Partner, Co-Head of Corporate M&A in Romania) and Cristina Stamboli (Counsel), with support froma Catalin Dinu (Counsel), Andrei Balus, Mihai Stan, Cosmin Vasilescu (Managing Associates), Catalina Balus, Claudiu Ciubotaru, Denisa Halawani (Senior Associates), and Christiana Bouleanu (Associate) on corporate, commercial, real estate and M&A matters. Regulatory aspects were handled by Luiza Bedros (Partner) and Isabel Busa (Junior Associate).

Polsinelli acted as U.S. lead transaction counsel to TTM Technologies, alongside Arnon, Tadmor-Levy and Gowling WLG.