MPR Partners assists Trico in the acquisition of wiper systems business from Federal Mogul

MPR Partners | Maravela, Popescu & Roman has assisted the global wiper blade manufacturer Trico in the acquisition of the worldwide wiper and wiper systems business of Federal-Mogul Motorparts.

MPR Partners assigned an 8-lawyer team to work on behalf of Trico for Romanian jurisdiction related aspects of this transaction. Legal work included due diligence, review of the transaction documents, closing and post-closing assistance and was led by partners Alina Popescu and Dana Rădulescu, as well as senior associate Raluca Ciocârlan. The team assigned to the case equally included partners Ioan Roman, Alexandra Rîmbu and tax partner Felix Tapai as well as senior associates Daniel Alexie and Magda Grigore.

Trico Group LLC, owned by Crowne Group LLC, is an American company that specializes in windshield wipers. Trico, then known as Tri-Continental Corporation, invented the windshield wiper blade in 1917.

Federal-Mogul Corporation is an American developer, manufacturer and supplier of products for automotive, commercial, aerospace, marine, rail and off-road vehicles, and industrial, agricultural and power-generation applications.