Advising MAHLE regarding the Czech aspects (share transfer and various carve-outs) of selling its thermostats business.

Congrats to our Prague team, Arthur Braun, Pavel Březina and Klára Procházková, who have assisted in a multijurisdictional transaction, legal lead Jones Day Frankfurt, with the Czech legal aspects of automotive supplier Mahle selling its thermostat business division to Admetos.

Stuttgart-based Mahle mainly sells components for vehicle combustion engines and generated sales of more than twelve billion euros last year. The thermostat business comprises around 600 employees in six countries, all of whom are to be taken over by the new owner.

https://newsroom.mahle.com/press/en/press-releases/mahle-sells-its-thermostat-business–100096

https://www.juve.de/deals/admetos-uebernimmt-mit-tricon-und-baker-tilly-geschaeftssparte-von-mahle/