07 Oct 2022 | 03:04 pm | 1 min. read
Multinational law firm Pinsent Masons advised Desay SV Automotive Europe GmbH on the acquisition of Antenna Technology Center (Europe) ATC GmbH.
Desay SV Automotive Europe GmbH is a highly specialised technology company for intelligent antenna systems. Headquartered in Weimar, the company focuses on the development of products and customer solutions for autonomous driving and connected cars, which in particular focus on reliable and secure data transmission using high-performance antennas. Further fields of innovation of the company are smart metering and industry 4.0. The company is a subsidiary of China's Huizhou Desay Group, a leading automotive electronics supplier whose customers include major Chinese and international OEMs.
With the acquisition of Antenna Technology Center, a service provider in the field of antenna technology, Desay SV is further expanding its product portfolio to customers. Antenna Technology Center offers various types of measurement services including documentation, evaluation and support in antenna development and integration such as farfield measurement and spherical near field measurement. In addition, Antenna Technology Center conducts research, development, RF consulting and benchmarking in the field of antenna technology.
Dr. Markus J. Friedl, who led on the transaction, said: "We are pleased that the Huizhou Desay Group has once again relied on our M&A expertise in the automotive sector in an exciting project. The complex transaction included, among other things, supporting the client in obtaining a clearance certificate and negotiating assurances to the Federal Ministry of Economics and Climate Protection."
Dr. Markus J. Friedl has been advising the Huizhou Desay Group for many years on M&A projects and corporate law issues, most recently on the termination of a joint venture in Turkey.
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