1 May 2011

AAC Capital Partners sells Inalfa Roof Systems Group to Beijing Hainachuan Automotive

De Brauw has advised AAC Capital Partners on selling Inalfa Roof Systems Group B.V. to Beijing Hainachuan Automotive Parts Co., Ltd. (BHAP). AAC Capital Partners is a leading Northern European mid-market buy-out firm.

Together with its co-shareholders (amongst others Parcom Capital and management), it divested Inalfa through a controlled auction to BHAP. Inalfa is one of the world’s largest suppliers of vehicle roof systems. The company is a market-leading innovator in designing, developing and manufacturing vehicle roof systems for the leading car manufacturers around the globe, including BMW Group, Daimler, Chrysler Group, General Motors, Volkswagen, Audi, Land Rover, Rolls Royce, and many others. The transaction needs to be approved by the National Development and Reform Commission of the People’s Republic of China and is subject to antitrust clearance in various countries.

De Brauw has acted as lead counsel and as such conducted a legal vendor due diligence in multiple jurisdictions, provided advice on deal strategy and worked closely together with its office in Beijing. Since De Brauw’s office in Beijing includes both Dutch and Chinese experienced lawyers, this contributed greatly to the transaction being completed successfully.

Team: Arne Grimme, Lennard Keijzer (M&A), Henk van Ravenhorst (Tax),  Geert Potjewijd (Beijing).