Kinstellar and its Turkish affiliate KST Law, working with Latham & Watkins’ Duesseldorf office, have advised Allison Transmission Holdings on the acquisition of the Off-Highway business of Dana Incorporated for approximately USD 2.7 billion. Paul, Weiss, Rifkind, Wharton & Garrison advised Dana Incorporated.
Dana Incorporated operates in vehicle and machinery propulsion and energy-management systems.
The Kinstellar team in Budapest included Partner Gabor Gelencser, Counsel Monika Frank, Senior Associate Gergely Simon Liptak, and Associates Anna Szilagyi and Szabolcs Szilagyi.
The KST Law team in Istanbul included Partner Emre Ozer and Associates Helin Akbulut, Nihal Dilan Canturk, and Tugberk Cakirca.
