09-02-2016News

Heuking Kühn Lüer Wojtek advises Sodecia on the acquisition of automotive supplier Kemmerich

A team led by Stuttgart based partners Dr. Peter Ladwig and Dr. Hermann Ali Hinderer, and Munich based partner Prof. Dr. Georg Streit of the law firm Heuking Kühn Lüer Wojtek, advised automotive supplier Sodecia comprehensively on all legal aspects regarding the acquisition of insolvent automotive supplier Kemmerich, including its subsidiaries in Spain, Czech Republic, and USA. The acquisition was made from insolvency administrator Dr. Jan-Philipp Hoos. Josef Kemmeric, co-shareholder and general manager of Kemmerich group, was represented by Dr. Rainer Eckert and Dr. Eike Edo Happe.

Kemmerich specializes in design, construction, and production of high-quality stampings and welded assemblies made from various materials. Kemmerich employs about 1,000 people worldwide at five sites.

Heuking Kühn Lüer Wojtek was also in charge of the legal due diligence (including real estate, public law, employment, IP) as well as antitrust review and filing.

Sodecia prevailed in a bidding process that was held under great time pressure.

This strategically important acquisition of Kemmerich strengthens Sodecia’s presence in Europe and the U.S. as well as its competitive position and technologies in all core markets.

Sodecia, established in 1980, is a Portuguese automotive supplier with technology centers in Porto, Hanover/Germany, and Detroit. Sodecia operates worldwide as a full service provider for structural parts and gears for the automotive industry. Sodecia is also active in the field of product research and development.

Counsel to Sodecia
Heuking Kühn Lüer Wojtek:

Dr. Peter Ladwig (Lead),
Dr. Hermann Ali Hinderer, LL.M. (USD) (Co-Lead),
Sonja Bayer, M.A.,
Dr. Alexander Schott,
Lena Ziegler (all Corporate/M&A), all Stuttgart
Dr. Rainer Velte,
Beatrice Stange, LL.M.,
Michael Vetter, LL.M. (Univ. of Miami) (all Antitrust), all Düsseldorf
Prof. Dr. Georg Streit (Lead Restructuring),
Dr. Stephan Degen,
Dr. Fabian Bürk, LL.M.,
Kai Uwe Büchler (all Reorganization), all Munich
Frank Hollstein (Purchasing/Customer Contracts),
Bernd Weller, both Frankfurt
Dr. Thorsten Leisbrock, Cologne
Johanna Bessing (all Employment), Frankfurt
Dr. Anton Horn,
Sönke Scheltz, both Düsseldorf
Dr. Ubbo Aßmus (all IP/IT), Frankfurt
Markus Beyer, (Corporate/M&A), Frankfurt
Dr. Nicole Armingeon, (Public Law)
Karen Ishola (Real Estate&Construction), both Stuttgart
Michael Neises,
Tobias Riemenschneider (both Finance), both Frankfurt

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