Restructuring and sale of the Auto-Kabel Group to Voltaira Group, a subsidiary of FIT-Foxconn Interconnect Technology Ltd.
Niederer Kraft Frey advised Martin Mucha as insolvency administrator of Auto-Kabel Group on the Swiss law aspects throughout the restructuring process, as well as on the sale to Voltaira Group, a subsidiary of FIT-Foxconn Interconnect Technology Ltd.
Auto-Kabel Group is a pioneer in e-mobility and a technology leader in automotive energy distribution and management, with a robust OEM customer base and leading innovation capabilities. The company develops and produces electrical components for automotive systems and power distribution, focusing on the transition to e-mobility solutions. The family business produces cable solutions for power distribution in cars in eleven countries on three continents, supplying them to well-known car manufacturers all over the world.
Voltaira Group is a leading supplier of sensor, connectivity and electrification solutions, specialising in wire harness technologies. From concept design to development and production, it maintains strategic partnerships with major players in the automotive and micro-mobility sectors.
The NKF team advising the insolvency administrator of Auto-Kabel Group on Swiss law aspects was led by M&A partners Adrian Koller and Andrea Giger, working with associate Manuel Hirlinger, junior associate Géraldine Küderli (both M&A) and partner Markus Kronauer (Tax).
Gleiss Lutz (Germany) acted as lead counsel to the insolvency administrator of Auto-Kabel Group in this transaction.