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Karanovic & Partners Advises Calsonic Kansei on Acquisition of Magneti Marelli

Karanovic & Partners Advises Calsonic Kansei on Acquisition of Magneti Marelli

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Karanovic & Partners has advised Japanese automotive company Calsonic Kansei on its EUR 5.8 billion acquisition of Magneti Marelli, a high-tech components manufacturer for the automotive industry, from Fiat Chrysler Automobiles. Dentons reportedly advised the seller.

This transaction, which has received all the necessary regulatory and anti-trust approvals, combines two businesses with total revenues of EUR 14.6 billion, making it the world’s 7th largest global independent automotive supplier. It will operate out of 170 facilities and R&D centers across Europe, Japan, the Americas, and Asia-Pacific under the name Magneti Marelli CK Holdings.

The Karanovic & Partners team was lead by Partner Ivan Nonkovic.

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