Bird & Bird LLP has advised Alcoa Inc., the world leading provider for aluminum products and components, in seven jurisdictions on the European-wide restructuring and subsequent sale of its wire harness and electrical distribution business to Platinum Equity LLC, a California-based private equity group. The divesture of the wire harness and electrical distribution business which employs approximately 17,500 people is part of Alcoa’s multi-pronged approach to focus its resources on strategic businesses, improve financial performance and establish a strong foundation for growth.
Bird & Bird LLP is also advising Alcoa on its continuing efforts to dispose of the remainder of the electrical and electronics businesses in various European jurisdictions.
The following Bird & Bird LLP partners advise Alcoa Inc.: Christian Kessel (Commercial), Wolfgang Hess (Corporate), both lead partners; Dirk Barcaba (Real Estate), Patrick Sinewe (Tax), all Frankfurt; Markus Körner (IP, Munich); Mark Pinder (Corporate, London); as well as the Senior European Consultants / associates respectively, Kai Kerger (Corporate), Denis Förster (Corporate), Christine Jury-Fischer (Corporate), Jörg Brackmann (Real Estate), Valerian Jenny (Regulatory), Andreas Jüttner (Commercial), André Oelsner (Tax), Lutz Hoheisel (Employment), Susanne Koch (IP), all Frankfurt; Tomas Novak, Vladimir Nyc, Zuzana Fantová, David Reminek, Ivana Urbanova, Andrea Jarolímková (Prague); Andrea Simandi, Balint Halász, Titusz Puskár (Buda-pest); Carolyn Giles, Caroline Friend (London).
For more information please contact:
Dr. Alexander Schröder-Frerkes, Managing Partner Germany
T +49 (0) 211 2005 6223, email: email@example.com
Carola Heinig, Marketing Manager Germany
T +49 (0) 211 2005 6243, email: firstname.lastname@example.org
Notes to Editors
About Bird & Bird
Bird & Bird is an international legal practice comprising Bird & Bird LLP and its affiliated and associated businesses, and has offices in Beijing, Bratislava, Brussels, Budapest, Düsseldorf, Frankfurt, The Hague, Helsinki, Hong Kong, London, Lyon, Madrid, Milan, Munich, Paris, Prague, Rome, Shanghai, Singapore, Stockholm and Warsaw. For more information on Bird & Bird please go to www.twobirds.com