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Wierzbowski Eversheds Advises on Polish Elements of Parker Hannifin Acquisition of Jager Automotive

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With Eversheds as global counsel to Parker Hannifin in the July 1, 2016 acquisition, Wierzbowski Eversheds has advised the American engineering company on Polish aspects of its acquisition of the German company Jager Automobil-Technik GmbH and the Polish company Jager Automotive Polska Sp. z.o.o.

Following the acquisition, the companies will be integrated into Parker's Pradifa Technology Division, part of the Parker Engineered Materials Group. 

Eversheds describes Parker Hannifin, which reported sales of approximately USD 13 billion in 2015, as "the global leader in the motion and control technology industry,” and it reports that Jager Automobil-Technik "has approximately 250 employees who produce rubber and plastic products for vehicle construction at two German locations (Osterode und Hildesheim), and one Polish site (Gryfino)." 

Parker Hannifin was advised by an Eversheds‘ team led by Munich-based Counsel Holger Holle. The Wierzbowski Eversheds team supporting Parker Hannifin on Polish aspects of the transaction included Krzysztof Feluch, Malgorzata Sajkiewicz, and Natalia Burchardt.

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