Robert Bosch GmbH (Bosch) sells its vacuum and hydraulic pump business in Italy and China to the Chinese Weifu High Technology Group. The transaction comprises Vacuum and Hydraulic Product Italy (VHIT) and its Chinese subsidiary VHIT Automotive Systems Wuxi as well as certain production facilities currently operated in Brazil.
Hengeler Mueller advised Bosch on the transaction as lead counsel. The team was led by partners Bernd Wirbel and Thomas Meurer (both M&A, Düsseldorf) and included partners Christoph Stadler (Antitrust, Düsseldorf) and Gunther Wagner (Tax, Munich) as well as associates Benedikt Statz, Oliver Junk (both M&A, Düsseldorf), Daniel El Awad (Antitrust) (all Düsseldorf) and Jan Henry Adami (Tax, Frankfurt).
Best Friend law firm BonelliErede (partner Fulvio Marvulli and team) advised as local counsel on Italian aspects of the transaction.