bnt attorneys in CEE | Romania advised Joachim Herz Foundation in the acquisition of around 20% stake in the global leader in electrical connection technology and automation, Weidmüller.
Weidmüller is a global provider of solutions for electrical connection technology, automation and digitalization with production facilities and sales companies in over 80 countries. Weidmüller achieved sales of more than one billion euros in the 2023 financial year with around 6,000 employees worldwide.
In Romania, Weidmüller operates two production facilities located in Tautii-Magheraus and Lugoj, along with a commercial office in Brasov.
Our firm’s role involved conducting a due diligence report on the target company’s activities in Romania. The project team was led by Managing Partner Ovidiu Valeanu together with Senior Associate Ioana Durlea.
This complex transaction was executed in close collaboration with legal teams from Germany, China, France, the UK, Italy, Spain, and the USA.
We are proud to have contributed to this strategic international acquisition and look forward to supporting our clients in their continued global expansion.