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WOLF THEISS provided legal assistance to Dexter Axle for the acquisition of AL-KO VT

WOLF THEISS provided cross-border legal assistance in the automotive field for the merger of North American auto decks manufacturer Dexter Axle with AL-KO Vehicle Technology company, part of the German group AL-KO KOBER SE.

The two companies, both market leaders in their geographic area, will merge under the name “DexKo Global Inc.”, the merger being scheduled to officially begin on 1 January 2016, when the new company will be the largest manufacturer of auto decks in the world, with an annual turnover of about EUR 850 million .

AL-KO Vehicle Technology will continue to control European operations and those outside the US, from its headquarters in Koetz, Germany, while Dexter Axle will coordinate the North American operations from Elkhart, Indiana (USA).

For this transaction, WOLF THEISS was a legal advisor for Dexter Axle in Austria, Czech Republic, Poland and Romania, through its local offices.

The team of lawyers from WOLF THEISS Bucharest was led by partners Bryan W. Jardine and Ileana Glodeanu and the team from WOLF THEISS Vienna office by partner Michael Lind.

 

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