Cerha Hempel and Wardynski & Partners have advised Worthington Industries International on the sale of its shareholding in Poland's Stako to Westport Fuel Systems Italia. Bird & Bird advised Westport on Polish law with Dorda reportedly acting as the buyer's Austrian advisor.
The transaction was preceded by an internal restructuring of Stako, demerging its compressed natural gas business into Worthington Poland. Financial details were not disclosed.
Worthington Industries is a US-based diversified industrial metal manufacturing group. Stako is a supplier of liquefied petroleum gas storage tanks for automotive applications. Westport Fuel Systems is a clean transportation technology company.
Cerha Hempel's team consisted of Partner Albert Birkner and Senior Associates Nadine Leitner and Martin Eichinger.
Wardynski & Partners' team consisted of Partner Anna Dabrowska, Counsel Radoslaw Wasiak, Attorney Joanna Krakowiak, Senior Associates Katarzyna Jaroszynska, Andrzej Madala, Joanna Prokurat, and Katarzyna Zukowska, and Associate Daria Goliszewska.
The Bird & Bird team was led by Partner Pawel Bajno and Senior Associate Michal Blaszkiewicz and included lawyers in the firm's Real Estate, Employment, and Commercial groups.
Editor's note: After this article was published, CEE Legal Matters received confirmation that Dorda advised Westport. The firm's team was led by Managing Partner Martin Brodey and included Attorney Patricia Backhausen and Associates Katharina Binder and Mike Schaunig.