Linklaters advises Plastic Omnium on the acquisition of Varroc Lighting Systems (VLS)
Linklaters has advised Plastic Omnium, a French industrial group specialised in the automotive sector, on the acquisition of Varroc Lighting Systems, a supplier of automotive lighting systems for an enterprise value of €600 million. The acquisition of Varroc Lighting Systems will enable Plastic Omnium to accelerate its roadmap with new automotive lighting offerings.
Closing of the transaction is subject to the obtaining of required antitrust clearances.
The Linklaters team was led from Paris by Pierre Tourres, partner and Chloé Fortin, associate on Corporate/M&A aspects. Anne Wachsmann, partner, Nicolas Zacharie, counsel, Jeanne Lévy-Bruhl, Victor Renaudier and Pablo Boirin, associates, were in charge of Antitrust & Foreign Investments matters. Cyril Abtan, partner, and Alexandre Chambon, associate, were in charge of financing matters. Géric Clomes, partner and Alice Klein, associate, were in charge of employment matters. Pauline Debré, partner, and Jean-François Merdrignac, managing associate were in charge of Intellectual Property questions. Sonia Cissé, partner, and Faustine Piéchaud, associate, were in charge of IT matters.
The Amsterdam, London, New York, Warsaw offices as well as the German and Chinese offices of Linklaters were also involved on this transaction.