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Komarevski Dimitrov & Partners Advises Witte Automotive on Minority Stake Buy-Out for Bulgarian Operation

Komarevski Dimitrov & Partners Advises Witte Automotive on Minority Stake Buy-Out for Bulgarian Operation

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Komarevski Dimitrov & Partners has advised Witte Automotive on its accelerated buy-out of the minority stake in Witte Injection Molding Bulgaria – previously operating as Forez BG – from FH holding. PwC Legal reportedly advised FH Holding.

Witte Automotive is a tier 1 automotive supplier in the field of mechatronic locking systems, while Witte Injection Molding Bulgaria was a joint venture between Witte Automotive and FH Holding.

Six months earlier, KDP and PwC Legal also advised on Witte Automotive's initial acquisition of a majority stake in Ruse-based Forez BG from FH Holding (as reported by CEE Legal Matters on October 11, 2023).

The KDP team was led by Partner Venelin Dimitrov and Managing Associate Iva Georgieva.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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