Noerr advises Lear Corporation on the antitrust aspects of the strategic acquisition of I.G. Bauerhin

Noerr advises Lear Corporation, a global automotive technology leader in Seating and E-Systems, on the antitrust aspects of its acquisition of I.G.Bauerhin (IGB); the firm’s antitrust practice group handles all global merger control filings (including EU Commission) and advised on antitrust transaction compliance matters.

IGB, a global leader in seat climate control, is headquartered in Gruendau-Rothenbergen, Germany and has more than 4,000 employees at nine manufacturing plants in seven countries. A provider of thermal comfort products since 1976, IGB content can be found on a large range of vehicle types, including luxury, high-volume, niche and electric vehicles, produced by nearly all global automakers.

Lear, listed on the New York Stock Exchange, serves every major automaker in the world and ranks 186 on the Fortune 500. The acquisition will further advance Lear’s vertical integration and expand its product offerings.

Noerr advised Lear already on antitrust and merger control aspects when it acquired substantially all of Kongsberg Automotive’s Interior Comfort Systems business unit last year.

Antitrust & Merger Control Advisors to Lear Corporation: Noerr

Jens Peter Schmidt (lead), Fabian Hübener, Emilia Etz (all Antitrust, Brussels), Jochen Hegener (Antitrust, Munich)