Tauil & Chequer advise on Techniplas’ sale to CIE Automotive
Tauil & Chequer Advogados in association with Mayer Brown, together with Mayer Brown in the United States, advised Techniplas, a global leader in advanced plastics solutions for the automotive industry, on the sale of its Brazilian subsidiary, Techniplas Brazil, to CIE Automotive, a major international supplier to the automotive sector.
The value of the transaction, which needs to be approved by the Administrative Council for Economic Defense (CADE), was approximately €65 million (R$415 million).
Tauil & Chequer in Brazil, relied on partner Christian Roschmann, from the Corporate and M&A practice, and in the United States by partner Phil Brandes, from Mayer Brown’s Corporate and M&A practice.
The Brazilian team also included partners Lilian Toscani (Corporate and M&A) and Giampaolo Marzulli (Tax), counsel Isabella Giorgi (Antitrust and Competition) and associates Stefano Braga, André Pini (Corporate and M&A) and Mariana Iecker (Tax). Associate Don Irwin, from Mayer Brown’s Corporate and M&A practice, also contributed to the operation.
