Paksoy has advised Lesjofors on its acquisition of all shares in Telform. The NSN law firm reportedly advised the seller.
Closing is expected in the fourth quarter of 2022, pending regulatory approval.
Beijer Alma subsidiary Lesjofors is a coil spring manufacturer for the automotive aftermarket. The company’s distribution centers are located in Sweden, Germany, the UK, Russia, and the US.
Telform is a Turkish spring manufacturer for the domestic and international markets.
The Paksoy team was led by Partner Elvan Aziz and included Counsel Serdar Ildirar and Associate Melisa Sevinc.
Editor's Note: After this article was published, NSN confirmed it had advised Telform. The firm's team was led by Partner Bilge Derinbay and included Senior Associate Hande Ulker Pehlivan and Associate Mahmut Ramazan Ertas.