CMS has advised the Linamar Corporation on its acquisition of Dura-Shiloh’s battery enclosures factory in North Macedonia. The acquisition also included factories in the Czech Republic and the US, with a total transaction value of USD 325 million.
CK Legal and MFW Fialek Advise on Sale of Metkom Krol and SW Armatura to Takoni
CK Legal Chabasiewicz Kowalska has advised the shareholders of Metkom Krol and SW Armatura on the sale of the companies to Takoni. MFW Fialek advised Takoni.
Reed Smith Advises PPC Renewables on Acquisition of 164-Megawatt Wind Portfolio from Intrakat
Reed Smith has advised PPC Renewables on its acquisition of a wind projects portfolio – totaling approximately 164 megawatts – from Intrakat as well as on the parties' strategic cooperation on developing a further 1.6 gigawatts in renewable energy projects. Argyropoulos-Gissaki & Associates reportedly advised Intrakat.
Stratulat Albulescu Advises American Industrial Partners on Acquisition of Veoneer Restraint Control Business
Stratulat Albulescu has advised the American Industrial Partners Capital Fund VII on its acquisition of Veoneer's Restraint Control Systems business.
Deloitte Legal Advises Iskra on Acquisition of Elmap and Elmap Projekt
Deloitte Legal has advised Slovenia's Iskra on its acquisition of Croatian engineering company Elmap and Elmap Projekt from the Bozikovic family.
Foreign Direct Investment Screening Regime is Introduced in Bulgaria
On February 22, 2024, Bulgaria, previously one of the few remaining EU countries without foreign direct investment (FDI) controls, introduced a new FDI screening regime in accordance with the EU FDI Screening Regulation 2019/452 (the “EU FDI Screening Regulation”).
Ryszard Manteuffel and Robert Semczuk Join CMS
Former Deloitte Legal Partners Ryszard Manteuffel and Robert Semczuk have joined the CMS Corporate/M&A practice in Poland as a Partner and a Counsel, respectively.