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Dentons advises Brandl Industries on sale of subsidiaries in Czech Republic, Romania and Germany

11 Februarie 2021 | BizLawyer

A cross-border Dentons team from Berlin, Frankfurt, Prague and Bucharest provided comprehensive advice to Brandl on the sale of its subsidiaries.

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Global law firm Dentons has advised automotive supplier Brandl Industries on the sale of its operating subsidiaries in the Czech Republic and Romania as well as the sale of its German management service company. The buyers are companies of International Alexander Holding (Romania), which are taking over Brandl's production facilities in Kaplice, Czech Republic, and Sibiu, Romania, as part of the transaction. The parties have agreed not to disclose the purchase price.

Brandl Industries is an industrial manufacturer engaged in metal forming and the production of complex assemblies and tools. Its headquarters in Pfeffenhausen, Bavaria were closed at the end of April 2020 as part of the the company’s restructuring, and German production was relocated abroad. Brandl supplies leading automotive manufacturers in the premium segment from its plants in Kaplice, which employs approximately 300 people, and Sibiu, which employs 600 people.

A cross-border Dentons team from Berlin, Frankfurt, Prague and Bucharest provided comprehensive advice to Brandl on the sale of its subsidiaries. A German team led by partner Andreas Ziegenhagen had previously advised on the restructuring of the automotive supplier and its subsidiaries in connection with a dual-use trust.

Advisors to Brandl Industries:

Dentons (Berlin/Frankfurt): Andreas Ziegenhagen (Partner, lead, Restructuring), Hauke Thieme (Partner, Tax), Dr. Jan Seelinger (Counsel, Restructuring), Matthias Stelzer (Counsel, Employment and Labor), Maximilian Santüns (Senior Associate), Marcus Roick (Associate), Sebastian von Haldenwang (Associate, all Corporate/M&A), Holger Hölkemeier (Senior Associate, Tax), Bernadette Baas (Associate, Employment and Labor)

Dentons (Prague): Tomáš Bílek (Partner, Employment and Labor), Adam Přerovský (Senior Associate, Competition and Antitrust), Vojtěch Novák (Associate, Tax), Michael Mráček (Associate, Employment and Labor), Bohuslav Hrdý (Associate), Jan Sedlák (Associate, both Real Estate), Justina Bodláková (Associate), Petr Müller (Associate), Petr Kotáb (Honorary Member, all Corporate/M&A)

Dentons (Bucharest): Cristina Daianu (Partner, Corporate/M&A), Oana Ionascu (Counsel), Lawrence Florescu (Senior Associate, both Banking and Finance), Andreea Lepadatu (Senior Associate, Real Estate), Andrei Vartires (Associate, Litigation and Dispute Resolution).