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Deal Date: 20-03-2017 Practice Area: Corporate and M&A
Deal Title: Aktieselskabet Schouw Acquisition of Borg Automotive Industry: Automobiles & Parts
Description:
Gorrissen Federspiel assisted Aktieselskabet Schouw and Co. (Denmark, industry conglomerate) in connection with its acquisition of a majority interest in Borg Automotive (Denmark, remanufacturing of components for the automotive industry/recycling economy and sustainability) from Mr. Soren Toft-Jensen (Denmark). Transaction Value: DKK 1,150,000,000 (for 100 per cent of the shares). Announcement date: 20 March 2017.
Financial Center: Copenhagen Value: 100.01-500.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: Denmark Acquiror Jurisdiction: Denmark
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Michael Meyer