Lear Corporation’s €140 Million Acquisition of I.G. Bauerhin

Noerr and Mayer Brown advised Lear Corporation on the deal. Luther, PRK Partners and Goodrich Riquelme advised the shareholder of the I.G. Bauerhin Group.

Lear Corporation, a global automotive technology leader in Seating and E-Systems, announced its acquisition of I.G.Bauerhin (IGB).

IGB, a global leader in seat climate control, is headquartered in Gruendau-Rothenbergen, Germany and has more than 4,000 employees at nine manufacturing plants in seven countries. A provider of thermal comfort products since 1976, IGB content can be found on a large range of vehicle types, including luxury, high-volume, niche and electric vehicles, produced by nearly all global automakers.

Lear, listed on the New York Stock Exchange, serves every major automaker in the world and ranks 186 on the Fortune 500. The acquisition will further advance Lear’s vertical integration and expand its product offerings.

The Noerr team included Jens Peter Schmidt (Picture – lead), Fabian Hübener, Emilia Etz (all Antitrust, Brussels), Jochen Hegener (Antitrust, Munich).

The Mayer Brown team was led by Corporate & Securities partner Dr. Marco Wilhelm, and included: Corporate & Securities – counsel Dr. Malte Richter and senior associate Tina Hoffmann, associate Inga Rupp (Frankfurt); Employment & Benefits – counsel Vanessa Klesy and senior associate Dr. Marius Höfler (both Frankfurt); Intellectual Property – counsel Konstantin von Werder (Frankfurt) and senior associate Benjamin Beck (Düsseldorf); Real Estate – counsel Andreas Hilfrich, senior associate Benjamin Schulz and associates Hannah Bommes and Christian Gerhards; Tax – partner Volker Junge and senior associate Kai Yan (all Frankfurt).

The Luther team includedDr Thomas Kuhnle (Partner, Lead), Dr Axel Mühl (Partner), Michael Ströbel, LL.M. (Senior Associate), Rares Holonec (Associate), Carsten A. Senze (Partner), Felix Hielscher (Associate), Dr Zacharias-Alexis Schneider, LL.B., LL.M. (Partner), Iris Glönkler (Counsel), Annkathrin Egerer-Tratt (Associate), Dr Sebastian Janka, LL.M. (Partner), Thomas Weidlich, LL.M. (Partner). 

The PRK Partners team included Jan Kohut (Partner), Shiyang Zhang (Associate).

The Goodrich Riquelme team included Jose Luis Perez Custodio (partner), Dario Galicia (associate).

Involved fees earner: Annkathrin Egerer-Tratt – Luther Rechtsanwaltsgesellschaft mbH; Iris Glönkler – Luther Rechtsanwaltsgesellschaft mbH; Felix Hielscher – Luther Rechtsanwaltsgesellschaft mbH; Rares Holonec – Luther Rechtsanwaltsgesellschaft mbH; Sebastian Janka – Luther Rechtsanwaltsgesellschaft mbH; Thomas Kuhnle – Luther Rechtsanwaltsgesellschaft mbH; Axel Mühl – Luther Rechtsanwaltsgesellschaft mbH; Zacharias-Alexis Schneider – Luther Rechtsanwaltsgesellschaft mbH; Carsten Andreas Senze – Luther Rechtsanwaltsgesellschaft mbH; Yuan Shen – Luther Rechtsanwaltsgesellschaft mbH; Michael Ströbel – Luther Rechtsanwaltsgesellschaft mbH; Thomas Weidlich – Luther Rechtsanwaltsgesellschaft mbH; Hannah Bommes – Mayer Brown; Christian Gerhards – Mayer Brown; Andreas Hilfrich – Mayer Brown; Tina Hoffmann – Mayer Brown; Marius Höfler – Mayer Brown; Volker Junge – Mayer Brown; Vanessa Klesy – Mayer Brown; Malte Richter – Mayer Brown; Inga Rupp – Mayer Brown; Benjamin Schulz – Mayer Brown; Konstantin von Werder – Mayer Brown; Marco Wilhelm – Mayer Brown; Kai Yan – Mayer Brown; Emilia Etz – Noerr; Jochen Hegener – Noerr; Fabian Hübener – Noerr; Jens Peter Schmidt – Noerr; Jan Kohout – PRK Partners; Shiyang Zhang – PRK Partners;

Law Firms: Luther Rechtsanwaltsgesellschaft mbH; Mayer Brown; Noerr; PRK Partners;

Clients: I.G.Bauerhin GmbH; Lear Corporation;

Federica Tiefenthaler

Author: Federica Tiefenthaler