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Karanovic & Partners Advises Calsonic Kansei on Acquisition of Magneti Marelli

Karanovic & Partners Advises Calsonic Kansei on Acquisition of Magneti Marelli

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Karanovic & Partners has advised Japanese automotive company Calsonic Kansei on its EUR 5.8 billion acquisition of Magneti Marelli, a high-tech components manufacturer for the automotive industry, from Fiat Chrysler Automobiles. Dentons reportedly advised the seller.

This transaction, which has received all the necessary regulatory and anti-trust approvals, combines two businesses with total revenues of EUR 14.6 billion, making it the world’s 7th largest global independent automotive supplier. It will operate out of 170 facilities and R&D centers across Europe, Japan, the Americas, and Asia-Pacific under the name Magneti Marelli CK Holdings.

The Karanovic & Partners team was lead by Partner Ivan Nonkovic.

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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