Nidec Corporation, a leading Japanese manufacturer of, among other goods,
electric motors and electronic and optical components acquired all shares in
driveXpert GmbH via its subsidiary NIDEC MOTORS & ACTUATORS (GERMANY) GmbH
on 30 November 2017.
driveXpert is a research and development service
provider that supports its customers in all issues regarding the design,
optimization and realization of mechatronic systems, accompanying them from the
drive design to prototype stages through to the serial introduction of their
product. The company mainly specializes in developing systems for electrically
driven auxiliary devices for various applications in the automotive industry.
Through this strategic acquisition, Nidec is expanding its R&D
capacities in the area of electric motors and electronic control units. Nidec is
thereby investing in a future market promising great potential for growth due to
the increasing electrification in vehicles of every class.
Gleiss Lutz
has repeatedly advised Nidec in the past, most recently on its acquisition of
SECOP Group in summer 2017, and was lead counsel in this present transaction as
well.
The Gleiss Lutz team headed by Dr. Michael Burian (lead, partner)
and Dr. Christopher Vogl (both corporate/M&A) included the following
lawyers: Dr. Martin Lembke (counsel), Anselm Christiansen (both
Corporate/M&A, all Stuttgart), Dr. Jacob von Andreae (partner), Kevin
Grimmeiß (both public law, both Düsseldorf), Dr. Stefan Lingemann (partner,
employment), Dr. Alexander Molle (counsel) und Dr. Matthias Schilde (both IP/IT,
all Berlin).
Gleiss Lutz has a leading Japan Practice which frequently
advises Japanese companies on acquisitions in Germany. The firm most recently
advised Showa Denko K.K. (SDK) on the sale of the American graphite electrode
business of SGL GE Holding GmbH to Tokai Carbon and shipping company Kawasaki
Kisen Kaisha, Ltd. (“K” Line) on the sale of its subsidiary, Hamburg-based
shipping company SAL Heavy Lift GmbH, to SALTO Holding GmbH & Co. KG, a
subsidiary of Bremen-based shipping company Harren & Partner.
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