DEALS
Zhong Lun Advises on the Cross-Border M&A for PUNCH POWERTRAIN
Zhong Lun Advises on the Cross-Border M&A for PUNCH POWERTRAIN
In March 2016, the shareholders of Punch Powertrain, a full system supplier of fuel efficient powertrains selected Yinyi Group as the investor and executed a series of transaction documents with it to sell all shares of PUNCH POWERTRAIN with a total value amounting to billions of Renminbi.
The headquarters of PUNCH POWERTRAIN is located in Belgium. Its main business covers the production of Continuously Variable Transmissions (CVTs), powertrains and parts for New Energy Vehicles and Dual Clutch Transmissions (DCTs). Yinyi Group is an integrated enterprise group which actively performs in a wide range of industries, such as mining, real estate, semi-conductors, parts for cars etc.
The shareholders of PUNCH POWERTRAIN have engaged Zhong Lun Law Firm Shanghai Office to provide legal services in relation to this acquisition including transaction structure design, transaction documents preparation and etc. This project is led by partner Mr. Zhou Yun, who is supported by lawyers Dong Hao, Qu Yingying and Wang Meng.
