Mahle GmbH acquires certain assets of Siemens VDO Automotive Powertrain AM/AF from Siemens AG
May 31, 2007
On May 3, 2007, Siemens AG completed the sale to Mahle GmbH of certain assets of the business segment Siemens VDO Automotive Powertrain AM/AF. The transaction closed on May 31, 2007. Although a significant portion of the target business was located in Canada, the transaction involved simultaneous closings in various countries including Germany, the United States, Mexico, Brazil, the United Kingdom, China, The Republic of Korea, and Japan.
McCarthy Tétrault LLP acted as Canadian counsil of Siemens AG, with a team led by Robert Hansen.