Wolf Theiss advises Antolin on the sale of its trunk trim business to Grupo Cosmos

Vienna, Budapest, 16 July 2024 – Wolf Theiss acted as legal counsel to Antolin, a leading provider of automotive interior technology in the sale of its trunk trim business in Hungary and Austria to Grupo Cosmos, a Spanish automotive supplier. The transaction, which included the sale of its factory in Kecskemét, Hungary and associated operations in Austria, was signed on 28 June 2024.

Antolin is a leading manufacturer of automotive components in the global market, specialising in technology solutions for vehicle interiors. Operating 120 factories across 25 countries with approximately 22,000 employees, Antolin supplies major car manufacturers worldwide through its diverse product offerings.

Wolf Theiss’ mandate extended to advising Antolin on all Austrian and Hungarian legal aspects of the transaction, including the pre-closing restructuring of the target business.

The multijurisdictional Wolf Theiss team was led by Partners János Tóth and Horst Ebhardt (both Corporate/M&A) and further included Counsel Doris Buxbaum (Corporate/M&A), Partner Matthias Unterrieder (Employment), Consultant Karin Spindler-Simader (Tax) , Senior Associate Dominik Engel (Regulatory) , Senior Associate Magdalena Ziembicka (Employment) , Associate Sang Wha Lee and Associate Réka Deák (both Corporate/M&A).