Komarevski Dimitrov & Partners has advised Witte Automotive on its accelerated buy-out of the minority stake in Witte Injection Molding Bulgaria – previously operating as Forez BG – from FH holding. PwC Legal reportedly advised FH Holding.
Witte Automotive is a tier 1 automotive supplier in the field of mechatronic locking systems, while Witte Injection Molding Bulgaria was a joint venture between Witte Automotive and FH Holding.
Six months earlier, KDP and PwC Legal also advised on Witte Automotive's initial acquisition of a majority stake in Ruse-based Forez BG from FH Holding (as reported by CEE Legal Matters on October 11, 2023).
The KDP team was led by Partner Venelin Dimitrov and Managing Associate Iva Georgieva.
