Pinsent Masons advises Schaidt Innovations on the acquisition of HBAS manufacturing plant

03 May 2013 | 05:43 pm |

International law firm Pinsent Masons has advised Schaidt Innovations GmbH & Co. KG (Schaidt Innovations) on the acquisition of a manufacturing plant from Harman Becker Automotive Systems GmbH (HBAS).

The plant, which is located in Schaidt, in Rheinland-Palatine, employs 500 staff and produces car infotainment components for the car industry. In 2011, staff, the works council and the trade union IG Metall saved the plant from planned closure and prevented production moving to Hungary, there has been wide spread support for the takeover by Schaidt Innovations.  A long-term manufacturing agreement between Schaidt Innovations and HBAS will ensure that HBAS’ customers, which include Porsche and Audi, will continue to be supplied with products from the Schaidt plant.

Schaidt Innovations GmbH & Co. KG was founded by entrepreneurs Andreas von Meyer zu Knonow and Sebastian Moss. Their objective was to establish an Original Designed Manufacturer (ODM)for the automotive, non-automotive telecommunications and IT , medical devices, and the electronic packaging and systems integration industries.

The Pinsent Masons team advising on all legal aspects of the deal was led by Rainer Kreifels(Partner, M&A), Manfred Schmid (Partner, Employment), Dr. Florian von Baum (Partner, IT & outsourcing), Dr. Johannes Maidl (Legal Director, M&A), Dr. Florian Anselm (Legal Director, M&A), Dr. Stephan Appt (Legal Director, IT & outsourcing), Christina Otterbach (Associate, M&A) and Marina Arntzen (Associate M&A).

Key Contacts

Latest press releases

Show me all press releases

Pinsent Masons advises Carlton Power on development of £200m green hydrogen project portfolio

Multinational law firm Pinsent Masons has advised Carlton Power on the establishment of a joint venture with Schroders Greencoat for the development of a portfolio of green hydrogen projects in the UK.

Pinsent Masons Vario launches in Ireland

Pinsent Masons Vario is launching its flexible services in Ireland, further expanding the reach of the market-leading service which provides flexible legal resource to busy in-house legal teams.

Pinsent Masons advises Erisbeg on proposed acquisition of PageOne Communications

Multinational law firm Pinsent Masons has advised Dublin-headquartered private equity firm Erisbeg on the agreement to acquire the entire issued share capital of PageOne Communications from the Capita Group.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises jewellery brand Monica Vinader on Bridgepoint Development Capital’s strategic investment

Multinational law firm Pinsent Masons has advised renowned affordable luxury jewellery brand Monica Vinader on the latest strategic investment from Bridgepoint Development Capital IV, a fund focused on investing in mid-market growth businesses.

Pinsent Masons advises abrdn on the £140 million sale of its Discretionary Fund Management business

Multinational law firm Pinsent Masons has advised global investment company, abrdn, on the agreement to sell its discretionary fund management (DFM) business, abrdn Capital, to LGT.

Pinsent Masons advises HomeServe on two acquisitions and launch in Germany

Multinational law firm Pinsent Masons has advised HomeServe on two acquisitions of plumbing, heating and air conditioning businesses in Germany.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts

We are processing your request. \n Thank you for your patience. An error occurred. This could be due to inactivity on the page - please try again.