Noerr advises SAF-HOLLAND on takeover bid for Swedish commercial vehicle supplier Haldex
Noerr is advising SAF-HOLLAND S.A. on its takeover bid for the listed Swedish Haldex Group. The Noerr team is led by the Frankfurt partners Dr. Holger Alfes and Dr. Stephan Schulz.
Haldex AB (publ) is a leading provider of brake systems and air suspension modules for commercial vehicles. The cash bid values the company at around €442 million. The proposed acquisition gives the SAF-HOLLAND Group the opportunity to establish an integrated group for commercial vehicle chassis components.
In late 2015, Noerr already advised SAF-HOLLAND on taking out a Promisory Notes Loan for €200 million and also assisted the client in other capital market transactions in the past.
Advisors to SAF-HOLLAND S.A.: Noerr LLP
Dr. Holger Alfes, Dr. Stephan Schulz (joint lead, Capital Market), Dr. Nikolai Warneke, Dr. Torsten Wehrhahn (both Finance, all Frankfurt), Dr. Kathrin Westermann, Peter Stauber (both Antitrust, Berlin
Associates: Dr. Christian Schützler, Dr. Fabian Hohl, Dr. Dominik Kloka (all Capital Market), Christian Hinzmann (Finance, all Frankfurt), Pascal Schumacher, Franziska Wagner (both Antitrust, Berlin)
Noerr Warsaw: Arkadiusz Ruminski (Corporate Law), Marta Smolarz, Klaudyna Lichnowska, Marta Borowska (Finance)
Advisors on Swedish law: Vinge
Erik Sjöman, Anders Strid, Jo-Anna Nordström