Dorda and the Munich office of Sidley Austin have advised private equity investor Gilde Buy Out Partners on the acquisition of the majority stake in Gundlach Automotive Corporation from Dutch investment company Pon Holdings.
The transaction value was not disclosed and is subject to approval by the antitrust authorities.
Gundlach Automotive Corporation is an aftermarket distributor of tires, rims, completely-fitted wheels, and other services to car dealerships and wholesalers in Germany, as well as wheel assembly services to blue-chip car OEMs in Europe.
The Dorda Team was led by Partner Christian Ritschka, assisted by Associate Florian Karall. The team also included Partner Veit Ohlberger, Attorneys at Law Andreas Seling, Nino Tlapak, Magdalena Brandstetter, and Lisa Kulmer, and Associates Heinrich Doczy, Tullia Veronesi, Gunther Posch, and Dominik Widl.
The Sidley Austin team included Partners Christian Zuleger, Nicole Janssen, Markus Feil, and Roderic Pagel and Associates Armin Mustafic, Patrick Heinrichs, Thomas Komanek, Matthias Annweiler, Julius Koblitzek, Maximilian Mayer, Xenia Pisarewski, and Jorg Fischer.
Editor's Note: After the article was published CEE Legal Matters was informed that Gilde was also advised by the Orange Clover law firm in the Netherlands, which acted as global lead counsel. Clifford Chance acted as global lead counsel and CMS as Austrian counsel for Pon Holdings.
The Orange Clover team was led by Partner Pien van Veersen and included Partner Machiel Galjaart and Senior Associates Yntze Heida and Irene Glasbergen.