Gleiss Lutz advises Wieland Group on the financing of its takeover of Global Brass and Copper
A team of Gleiss Lutz lawyers advised Wieland-Werke Aktiengesellschaft (Wieland) on the financing of its acquisition of the US Global Brass and Copper Holdings, Inc. (GBC). As part of the transaction, Wieland intends to acquire all of the shares in GBC. The transaction is expected to be completed in the second half of 2019 and is still subject to the approval of the shareholders of GBC and the customary regulatory approvals.
GBC is a leading North American fabricator and distributor of copper and copper alloy based semi-finished materials. The products include a wide range of sheets, strips, foils, rods, tubes and components that are used in a number of applications in different markets.
Wieland is an international supplier of semi-finished products of copper and copper alloys. With a global network made up of production facilities, service and trading firms, the company offers a broad product, technology and service portfolio. From prototype to mass production, Wieland develops solutions for the automotive, electronics, refrigeration and air conditioning technology sectors, as well as in rapidly growing fields such as electromobility, connectivity and urbanisation.
Gleiss Lutz advises Wieland on a regular basis on matters involving various areas of law.
The following team of Gleiss Lutz lawyers advised Wieland: Dr. Helge Kortz (partner, lead), Dr. Andreas Kohlheim (counsel, both banking and finance), Dr. Stefan Mayer (partner), Dr. Dominik Monz (both tax, all Frankfurt).