Here are the main deals in the food and beverages sectors that were registered last year. For a forecast regarding the automotive&transportations market in 2017, you can read this exclusive article.
AUTOMOTIVE
Sage Automotive Interior takes over Apollo, with stake in Romanian company
Value of transaction: N/A
Legal team buyer: Gianni, Origoni, Grippo, Cappelli & Partners (lead counsel), Wolf Theiss Rechtsanwälte GmbH & Co KG
Legal team seller: Boscolo & Partners
Description: Sage Automotive Interiors acquired Apollo, a leading Italian textile group active in the supply of products for automotive interiors, which also holds a majority share participation in the Romanian company European Interior. Sage Automotive Interiors has its HQ in the US and has operations across the globe.
Harsha Engineers buys plant in Romania
Value of transaction: N/A
Legal team buyer: CMS Cameron McKenna
Legal team seller: NNDKP
Description: Harsha Engineers, an India-based global producer of brass, steel and polyamide cages and other automotive components, entered on the Romanian market through the acquisition of a production facility in Brasov.
TRANSPORTATION
TTS buys Plimsoll Kft
Value of transaction: N/A
Legal team buyer: Zamfirescu Racoti & Partners, Deloitte (financial)
Legal team seller: N/A
Description: Transport Trade Services SRL (TTS) bought 51 percent of the share capital of the Hungarian company Plimsoll Kft. The acquisition of the share capital quota was performed by means of a share capital increase operation.