Deals/M&A

PwC Legal advises Luxshare Limited on the purchase of business assets from ZF Group

Frankfurt am Main, September 05, 2017

PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) has provided extensive legal advice to Luxshare Limited on the purchase of business assets and shares from TRW Automotive Inc. TRW Automotive Inc. is a member of ZF Group,  a worldwide leading supplier of driveline and chassis technology for cars and commercial vehicles. The focus of advice given by the lawyers of PwC legal was in particular relating to legal due diligence and contract negotiations, antitrust law and foreign investment law.

Luxshare Limited is the controlling shareholder of Luxshare-ICT, which is headquartered in Dongguan City, Guangdong Province in China, and is the holding company of an international technology group with about 45,000 employees around the world. It is an R&D-oriented company, with primary business of cable and connector for 3C products (computer, communications and consumer electronics), automotive, and medical solutions. In fiscal year of 2016, Luxshare-ICT has reached a turn-over of more than 1.7 billion Euros.

TRW Automotive Inc., which has been acquired by ZF Friedrichshafen AG in 2015, is a global manufacturer and supplier engaged in the business of the production of switches, interior electronic control, steering column control modules (SCCM), access systems, sensors as well as heating, ventilation, and air conditioning (HVAC) controls.

Advisor to Luxshare-ICT:

PwC Legal Taiwan:
Kent Chong, Ross Yang (overall project manager and lead team), Cathy Hu (all Corporate/M&A)

PwC Legal Germany
Denis Bacina, Dr. Simon Dürr (both lead team), Moritz Gröning, Florian Ihlow, Christina Maurer-Heinze, Gwendolin Seinecke-Krankowsky, Oliver Tilly (all Corporate/M&A); Nicole Elert, Frank Degenhardt, Isabella Kothen, Marc-Andre Link, Snechana Burdinski (all Employment Law); Dr. Tobias von Tucher, Lukas Lundbeck (all IP); Dr. Michael Bierle (Public Law); Dr. Gerung von Hoff, Gavin Worok (both Antitrust Law); Dr. Alexander Rehs, Jan Philipp Otter, Dr. Oliver Freitag (all Foreign Investment Law)

PwC Legal Poland
Robert Choromański, Beata Kiedrowicz (both lead team), Piotr Kleszczynski, Piotr Platnerz, Bartlomiej Wlodarski, Jan Adamus, Magda Kazana (all Corporate/M&A); Malgorzata Mroczkowska-Horne, Stanislaw Szymanek (all Antitrust Law)

PwC Legal UK
Stephen Richards, Richard Wood (both lead team), Mark Crofskey; Dean Cairnduff, Hiten Amin (all Employment Law)

PwC Legal Spain
Raquel Arenas Fradera, Lucas Palomar (both lead team), Ana Amor Paredes, Clara Arbat, Elisa De Gomar Ferrer, Eugenia Anoro Urrejola, Maria Vidal, Patricia De Puig Faura (all Corporate/M&A)

PwC Legal Mexico
Wendolin Sanchez, Mario Alberto Rocha (both lead team),Tracy Mackey, Fernando Moreno Galindo, Arturo Ruiz Massieu, Carmina Castrejon, Emily Acosta, Carlos Mendoza Ayala, Luisa Diaz (all Corporate/M&A)

PwC Legal Brazil
Lilian Lang, Enrique Hadad (both lead team), Fabiana Schiavon, Fernando Loeser, Rodrigo Bastos (all Corporate/M&A)

About PwC Legal Business Solutions:

In our global, rapidly changing business world, cooperation, restructuring, transactions, financing and social responsibility are topics that increasingly concern our clients. They need legal certainty for a wide range of complex tasks. That is why we advise them holistically and in close cooperation with PwC’s tax, human resources and finance experts and our international legal network in over 100 countries. Whether a globally active company, a public corporation or a wealthy private individual, every client has a personal contact at our firm who supports them responsibly in all matters of commercial law. In this way, we help our clients to secure their economic success in the long term.

PwC Legal Business Solutions in Germany. More than 300 lawyers at 18 locations. Integrated, tech-powered legal advice.

About PwC:

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 151 countries with over 364,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

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