Greenberg Traurig has advised IFA Group on its sale to Aequita. Noerr Germany advised Aequita on the deal.
According to Greenberg Traurig, “headquartered in Haldensleben, [the] IFA Group is reported to be one of the world’s largest manufacturers of sideshafts, longitudinal shafts, and joints for the international automotive industry. In addition to the production facility in Haldensleben, the IFA Group has subsidiaries with plants in the USA, China, and Poland. They were also acquired as part of the IFA Group.”
Aequita is a Munich-based family office investing in situations including corporate carve-outs, successions, and recovery situations.
Greenberg Traurig’s team included Warsaw-based Local Partners Maciej Pietrzak and Barbara Pancer, Senior Associate Agnieszka Stopinska and Karolina Kuzniak, and Associates Adam Andula and Angelika Makar, with further team members in Germany and the USA.