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

Noerr advised Lear Corporation on the deal.

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).

Involved fees earner: Emilia Etz – Noerr; Jochen Hegener – Noerr; Fabian Hübener – Noerr; Jens Peter Schmidt – Noerr;

Law Firms: Noerr;

Clients: Lear Corporation;

Federica Tiefenthaler

Author: Federica Tiefenthaler