Transaction Legal
K&L Gates
Full Credential Description
K&L Gates advised Vitesco Technologies on the sale of all shares in Vitesco Technologies Italy Srl to the Belgian Punch Group. Vitesco Technologies Italy Srl, which employs over 900 individuals, specializes in the design, production, and sale of injectors, fuel distribution systems, and exhaust treatment systems for gasoline engines. The tailored solution provided by K&L Gates involved a comprehensive legal strategy to navigate the complexities of the sale, ensuring compliance with regulatory requirements and facilitating a smooth transaction process. The K&L Gates team, led by Dr. Thomas Lappe, included experts in corporate law, technology transactions, antitrust, and corporate tax, which allowed for a well-rounded approach to the sale. The transaction is anticipated to close by the end of the year, pending customary regulatory approvals, highlighting the effectiveness of the legal guidance provided in achieving a timely resolution to the sale.