Tag: Deal_news

bpv Grigorescu Ștefănică advises Motherson as local counsel on the €207 million global acquisition of Nexans autoelectric wiring harness business

Our team has advised leading global automotive systems supplier Motherson on the Romanian aspects of the transaction involving the acquisition of 100% of Nexans autoelectric’s global wiring harness business, for an enterprise value of €207 million on a cash-free and debt-free basis. The transaction, which encompasses operations across 22 facilities in 11 countries, including Romania, is subject to customary regulatory approvals, with completion expected by mid-2026.

Motherson is one of the world’s top 15 automotive suppliers, operating at over 425 facilities across 47 countries on five continents. The company is a global specialist in design, engineering, manufacturing, and assembly for the automotive and transport industries, serving a diverse range of customers, including nearly all leading automobile manufacturers worldwide.

Founded nearly 60 years ago, Nexans autoelectric is a global manufacturer of automotive wiring harnesses and vehicle wiring system solutions for passenger and commercial vehicles, operating 22 facilities in 11 countries, with more than 13,000 employees, and revenues of €749 million in 2024.

“We are delighted to support Motherson in this significant strategic acquisition that expands its global footprint and strengthens its position in automotive wiring solutions. This transaction involved navigating complex multi-jurisdictional legal aspects and coordinating closely with legal advisors across multiple jurisdictions. We thank the Motherson team for their trust throughout this landmark transaction,” said Iulia Dragomir, Partner at bpv Grigorescu Ștefănică.

bpv Grigorescu Ștefănică acted as local counsel to Motherson in relation to the acquisition of Nexans autoelectric’s Romanian wiring harness operations as part of the broader global transaction. The firm’s multidisciplinary team assisted Motherson throughout the due diligence process and with Romanian-law aspects of the transaction documentation and continues to support Motherson through the completion process and full implementation of the transaction in Romania.

Friedrich Graf von Westphalen & Partner (FGvW) acted as lead international counsel to Motherson. bpv Hügel (Austria) and bpv Braun Partners (Czech Republic), member firms of the bpv LEGAL alliance, together with other law firms from the Motherson and FGvW networks, provided legal support across the relevant jurisdictions involved in the transaction.

Our multidisciplinary team was coordinated by Iulia Dragomir, Partner (M&A/ Corporate) and included Cătălin Grigorescu, Managing Partner (M&A/ Corporate), Managing Associates Raluca Marcu (Dispute Resolution) and Alina Tyelu (Real Estate), Senior Associates Roxana Daskălu (TMT/ Commercial) and Antonia Coman (Employment), and Associates Matei Tomi (M&A/ Corporate), Laurențiu Lungu (Real Estate), Diana Ciubotaru (TMT/ Commercial), Alexandra Modrogeanu (Employment) and Theodor Șerbănescu (M&A/ Corporate).

This mandate further strengthens the firm’s track record and underscores its continued activity in complex, multi-sector corporate and M&A transactions, including:
▸cbs on the acquisition of Skyconsult’s SAP Business, marking its entry into the Romanian market;
▸Autonom International on its strategic investment in the Romanian insurance company Eazy Insurance;
▸FOOTPRINTS AI on the latest investment by Catalyst Romania FUND II, to support the international expansion plans of Footprint’s AI-powered retail media platform;
▸SARMIS Capital on the acquisition of Total Technologies to consolidate Smart ID’s position as a regional market leader.

bpv GRIGORESCU STEFANICA advised the private equity firm Omnia Capital on its investment in Cargo Buddy

bpv GRIGORESCU STEFANICA advised the private equity investment firm Omnia Capital on acquiring 44.67% of Cargo Buddy, a digital shipping house launched in 2021. Cargo Buddy is the first digital shipping house in Eastern Europe, serving both businesses and individuals, while partially complementing courier services.

Our involvement in this transaction included advising the investor Omnia Capital on legal and tax issues related to the transaction’s structuring, documentation and implementation.

“After the takeover of road transportation company Dumagas, which was completed early last year, the investment in Cargo Buddy shows our client’s dedication to the development of the transportation sector. We are pleased that this new project values both our transaction experience and our market-leading expertise in the technology sector”, says Catalin Grigorescu, managing partner bpv GRIGORESCU STEFANICA.

“Cargo Buddy is a Romanian company that is competitive at European level, and our investment aims to increase our operational performance and offer better commercial conditions to our clients. As in the previous transactions, the collaboration with bpv GRIGORESCU STEFANICA has lived up to our expectations and helped us to close the transaction on the best possible terms”, says Matei Ladea, partner Omnia Capital.

Our team included Catalin Grigorescu, managing partner and head of the technology transaction practice and Matei Tomi, associate in the corporate transactions practice.

Our team’s expertise in Corporate Transactions practice is proven by our involvement in complex transaction closing, including:

  • Creatopy and its co-founders in a $10 million Series A funding round;
  • Softelligence and its shareholders in connection with its acquisition by the US company Encora Holdings Limited, part of the Encora Group;
  • Ziegler Group in its acquisition of HS Timber Productions in Sebes, Romania;
  • the private equity firm OMNIA CAPITAL in its acquisition of the road transportation company Dumagas from the private equity fund Bancroft;
  • the company VERIDION (formerly Soleadify), its founders, as well as the venture capital fund LAUNCHUB Ventures and other participants in a USD 6 million financing round;
  • software and infrastructure company INCRYS in connection with acquiring information technology services company USOURCE;
  • Innoship and its shareholders on the acquisition of a majority stake in Innoship by the private equity fund Abris Capital.