Cerha Hempel has advised the shareholders of Austrian electric car manufacturer Elin Motoren GmbH on the sale of a 70% stake to Voith technology group. Schoenherr reportedly advised the buyers on the deal, which remains subject to competition authority approval.
Elin Motoren produces electric motors and generators and provides individual solutions for industrial applications. According to Cerha Hempel, “Elin Motoren focuses on manufacturing electric machines, low and medium voltage motors and generators, in particular for wind energy and decentralized energy systems.”
The Cerha Hempel team included Partners Johannes Aehrenthal and Bernhard Kofler-Senoner, Attorneys Jakob Hartig and Michael Mayer, and Associates Florian Mitterer and Michaela Kober.