Automotive

Upcoming/New CFIUS Filing: ZF Friedrichshafen AG and WABCO

Status: New/Upcoming Filing Acquirer: ZF Friedrichshafen AG (Germany) Acquired: WABCO (US) Value: US$7 billion Industry: Automotive… Continue Reading

CFIUS Clearance: Melrose Industries and GKN PLC

By Trade Practitioner on June 25, 2018 Posted in Aerospace, Automotive, CFIUS Case Summaries, Clearance, Engineering, Europe & Central Asia, United Kingdom, US Regulation

Status: Clearance Acquirer: Melrose Industries PLC (UK) Acquired: GKN PLC (UK) Value: Approximately US$11 billion (£8.8 Billion) Industry: Aerospace; Automotive; Engineering… Continue Reading

CFIUS Filing Cleared: Zhengzhou Coal Mining Machinery Group Co., Ltd. (China), China Renaissance Capital Investment (China) and Robert Bosch Starter Motors Generators Holding GmbH (Germany)

By Trade Practitioner on January 4, 2018 Posted in Automotive, CFIUS Case Summaries, China, Clearance, Germany

Status: Clearance Acquirer: Zhengzhou Coal Mining Machinery Group Co., Ltd. (China); China Renaissance Capital Investment (China) Acquired: Robert Bosch Starter Motors Generators Holding GmbH (Germany) Value: Approximately $595 million Industry: Automotive… Continue Reading

CFIUS Filing Withdrawn, Deal Abandoned: Hybrid Kinetic Group Limited and UQM Technologies, Inc.

By Trade Practitioner on June 6, 2017 Posted in Automotive, CFIUS Case Summaries, Foreign Investment Reviews, Withdrawn and Abandoned

Status: Withdrawn and Abandoned Acquirer: Hybrid Kinetic Group Limited (Hong Kong SAR, China) Acquired: UQM Technologies, Inc. (US) Value: Approx. US$48 million Industry: Automotive; Electric Vehicles… Continue Reading

CFIUS Mitigation: Midea Group Co. Ltd. and KUKA AG

By Trade Practitioner on December 30, 2016 Posted in Automotive, CFIUS Case Summaries, Clearance, Foreign Investment Reviews

Status: Clearance Acquirer: Midea Group Co., Ltd. (China) Acquired: KUKA AG (Germany) Value: Est. US$1.3 billion Industry: Automation UPDATE: On December 29, 2016, Midea Group received clearance from CFIUS and DDTC for its take-over of KUKA AG. (See KUKA Press Release, US Government Au thorities gront clearances for take-over of KUKA by Midea, Dec. 30, … Continue Reading