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PERLITZ STRATEGY GROUP advises Chinese Zhongding Group on the acquisition of AMK Group

2016-07-08 14:17
by Tanja Hennseler


Mannheim, July 08th, 2016: The Chinese Zhongding Group, a leading automotive Tier-1 supplier with 14,000 employees and revenues of more than EUR 1.6 billion, has acquired all shares of AMK Group, a market and technology leader for electric drive and control technology as well as industrial automation engineering.

Since its establishment for over 50 years, the AMK Group with headquarters in Kirchheim/Teck influenced the market for electric drive and control technology with numerous innovations. The product portfolio contains for example air compressors, electric power steering systems and e-powertrain components. AMK supplies the automotive industry as well as the engineering industry.

With this acquisition Zhongding Group continues to broaden its technology base and its presence in Europe. The investment is part of the group’s strategic alignment with the growing importance of electric mobility and the expected changes in the automotive market.

Zhongding Group was strategically and commercially advised by PERLITZ STRATEGY GROUP under the lead of Matthias Litschke, legally by RITTERSHAUS Rechtsanwälte, under the lead of Dr. Claudia Pleßke, managing partner at Mannheim office, and in tax matters by FALK & CO under the lead of Dr. Stefan Tichy, managing partner at Mannheim office. The same transaction team of PERLITZ STRATEGY GROUP, RITTERSHAUS and FALK & CO already advised Zhongding Group in a number of M&A transactions, such as the acquisition of Austria Druckguss GmbH & Co. KG (Gleisdorf Austria), the Federal Mogul Sealing Systems (St. Priest, France), the WEGU Group (Kassel, Germany) and others.


Advisory Team Zhongding Group:
PERLITZ STRATEGY GROUP: Matthias Litschke, Manager (Lead Commercial: Commercial Due Diligence, Deal Structure, Risk Assessment), Philipp Hendel (Commercial Due Diligence), Runzhi Xie (Commercial Due Diligence).

RITTERSHAUS Rechtsanwälte: Dr. Claudia Pleßke, Managing Partner (Lead Legal, Corporate M&A), Dr. Marc Hauser (Corporate M&A).

FALK & CO: Dr. Stefan Tichy, Managing Partner (Lead Tax), Tobias Steigenberger (Tax Due Diligence).


PERLITZ STRATEGY GROUP (PSG) is an internationally operating, mid-sized management consultancy based in Mannheim, Germany. PSG specializes in corporate strategy, business development, reorganization/ restructuring, sales management and innovation management. Its industry focuses are the automotive, mechanical engineering, electrical and chemical industries.

RITTERSHAUS is a law firm with offices in Mannheim, Frankfurt and Munich. Mainly specialized on advising medium-sized and large companies. The emphasis of its services are corporate law with a focus on restructuring, M&A, private equity and venture capital transactions, as well as corporate financing and company and asset succession. Other fields of advisory are banking and capital market law, labor law, intellectual property law, public law and IT law.

FALK & CO has been in existence for over 80 years as an independent audit, accounting and tax advisory firm with more than 350 employees throughout 10 national offices. Focuses of the advisory services of FALK & CO are M&A transactions as well as restructuring measures after an acquisition.


Contact:
PERLITZ STRATEGY GROUP GmbH & Co KG
Matthias Litschke, phone: +49 (0)621-1504217
Mail: matthias.litschke@perlitz.com

 

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