Germany-based Weber Automotive GmbH is one of the global leaders in the vehicle supply industry.
On October 7, Willkie client Ardian announced its acquisition of a majority interest in Weber Automotive GmbH, one of the global leaders in the vehicle supply industry. The founding family will continue to hold a significant interest in the company. The funds for the investment are committed by the recently closed €4.5 billion Ardian LBO Fund VI, which is its third investment. In addition, Ardian and the founding family will provide further financial resources for the expansion of the company.
Founded in 1969 and managed by the owner family, Weber Automotive focuses on drivetrain components for cars, heavy trucks and powersport vehicles for premium manufacturers at six locations in Germany, the United States and Hungary.
Ardian is an independent private investment company with $55 billion in assets managed or advised in Europe, North America and Asia.
The Willkie team was led by national partner Maximilian Schwab and partner Mario Schmidt and included partner Susanne Zuehlke; national partners Bettina Bokeloh and Christian Rolf; counsel Jonathan Konoff; and associates Christina Mann, Martin Waskowski, James Markel, Christine Centola, Jennifer Schanes, Sharon Mori, Hyejin Jennifer Kim, Annise Maguire and Philipp Heuser.