Fangda represents KPS in its acquisition of Innomotics from Siemens AG

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Fangda represents KPS in its acquisition of Innomotics from Siemens AG

Description
Law Firm

  • Fangda represented KPS in its acquisition of Innomotics from Siemens AG, involving a transaction price of €3.5 billion representing 100% equity shares being subscribed/purchased. The transaction was announced having been closed on October 1, 2024. The Fangda team on this deal was led by partners Chen Bao and April Dong, with support from Financing Partner Rock Wang, IP Partner Fang Qi, Antitrust Partner Caroline Huang, Labor Partner Lisa Zhao and Tax Partner Yan Zhao. Fangda handled the PRC legal due diligence and PRC assets carve-out review, assisted in the review of transaction documents and closing, assisted with financing, and handled the PRC antitrust filing clearance. Innomotics was the world-leading supplier of electric motors and large-drive systems under Siemens AG.

  • Law Firms
  • image-26694
2024-12-16
REGION:
  • China

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