DZP advises Motherson on the acquisition of Dr. Schneider Automotive Polska
A multidisciplinary team of DZP lawyers has advised Samvardhana Motherson Automotive Systems Group BV (Motherson) on the acquisition of 100% of shares in Dr. Schneider Automotive Polska sp. z o.o. The transaction on the Polish market is part of Motherson's global strategy to acquire Schneider Group companies and will be finalised once a number of conditions precedent have been met and antitrust clearance has been obtained from the European Commission.
With companies in 41 countries, the Motherson Group is one of the world's largest manufacturers of components for the automotive industry, with revenues in 2022 in excess of USD 12 billion.
The Dr. Schneider Group manufactures electronic components and polymer systems, and supplies subassemblies for brands including Jaguar, Audi, Maserati and Daimler. The company has 4,500 employees at seven production sites located in Germany, Spain, Poland, the United States and China.
DZP, in cooperation with the law firms Friedrich Graf von Westphalen (project leader), Dentons, Jeantet and Blake Morgan, was responsible for the due diligence of the Polish company and for providing transaction advice.
Work on the project was coordinated by Julita Zimoch-Tuchołka, Partner in the Corporate and M&A Practice, who was supported by lawyers from the Practice: Magdalena Krzysztoporska, Katarzyna Kwiek and Maurycy Ostaszewski, as well as Anna Okła-Woźniak and Julia Łysik from the Real Estate Practice, Bogusław Kapłon, Łukasz Górzny and Sylwester Silski from the Labour and Social Security Law Practice, Daniel Chojnacki and Maciej Białek from the Environmental Protection team, Anna Glapa and Aneta Włoszek from the Infrastructure & Energy Practice and Michał Nita from the IP&TMT Practice.
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