European Network law firms Gleiss Lutz and Gide Loyrette Nouel advise Schaeffler on acquisition of Eco-Adapt SAS

Gleiss Lutz, in cooperation with French law firm Gide Loyrette Nouel, has advised global automotive and industrial supplier Schaeffler on the acquisition of 100% of the shares in ECO-Adapt SAS.

ECO-Adapt SAS offers innovative solutions for condition monitoring based on electrical signal analysis and systems for the optimisation of energy consumption.

With ECO-Adapt, Schaeffler will offer a new product range for optimising energy consumption during operation as well as a reliable predictive maintenance solution for industrial machinery based on signal analysis of vibration and temperature data. Schaeffler's acquisition further expands its Lifetime Solutions portfolio, and strengthens its position in the field of digitally-based predictive maintenance. The Lifetime Solutions portfolio contains an extensive range of service offerings for the industrial maintenance of machines throughout their operating life.

The following Gleiss Lutz lawyers advised Schaeffler: Dr. Ralf Morshäuser (partner) and Dr. Moritz Alexander Riesener (both M&A, both Munich).

Schaeffler was also advised by a team from Gide Loyrette Nouel led by partner Jean-Gabriel Flandrois and associate Cyprien Delorme.​