{"id":49102,"date":"2023-07-21T12:28:45","date_gmt":"2023-07-21T10:28:45","guid":{"rendered":"https:\/\/newserver.fyb.de\/guett-olk-feldhaus-advises-zf-on-the-sale-of-its-stake-in-asap-holding\/"},"modified":"2023-07-25T14:51:04","modified_gmt":"2023-07-25T12:51:04","slug":"guett-olk-feldhaus-advises-zf-on-the-sale-of-its-stake-in-asap-holding","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/guett-olk-feldhaus-advises-zf-on-the-sale-of-its-stake-in-asap-holding\/","title":{"rendered":"G\u00fctt Olk Feldhaus advises ZF on the sale of its ASAP Holding stake"},"content":{"rendered":"

Munich \u2014 ZF Fried\u00adrichs\u00adha\u00adfen AG has sold its stake in ASAP Holding GmbH toge\u00adther with other share\u00adhol\u00adders to a subsi\u00addiary of the Indian company HCL Tech\u00adno\u00adlo\u00adgies, Inc. sold. ZF was advi\u00adsed on this tran\u00adsac\u00adtion by G\u00fctt Olk Feld\u00adhaus. ZF Fried\u00adrichs\u00adha\u00adfen AG acqui\u00adred a 35% stake in ASAP Holding GmbH in 2019.<\/p>\n

HCL Tech\u00adno\u00adlo\u00adgies, head\u00adquar\u00adte\u00adred in Noida, India, is a publicly traded global services and consul\u00adting company with appro\u00adxi\u00adm\u00adately 220,000 employees and reve\u00adnues of $11.48 billion in fiscal 2022.<\/p>\n

ZF is a globally active tech\u00adno\u00adlogy group and supplies systems for mobi\u00adlity in passen\u00adger cars, commer\u00adcial vehic\u00adles, and indus\u00adtrial tech\u00adno\u00adlogy. In 2022, ZF gene\u00adra\u00adted sales of \u20ac43.8 billion with appro\u00adxi\u00adm\u00adately 165,000 employees world\u00adwide. The company is repre\u00adsen\u00adted at 168 produc\u00adtion sites in 32 countries.<\/p>\n

As deal coun\u00adsel, G\u00fctt Olk Feld\u00adhaus coor\u00addi\u00adna\u00adted the sale process from a legal perspec\u00adtive. The tran\u00adsac\u00adtion is subject to regu\u00adla\u00adtory appr\u00adovals and the satis\u00adfac\u00adtion of other closing conditions.
\nAs a deve\u00adlo\u00adp\u00adment part\u00adner for well-known auto\u00admo\u00adtive manu\u00adfac\u00adtu\u00adr\u00aders and suppli\u00aders (OEM), the ASAP Group offers deve\u00adlo\u00adp\u00adment services in the areas of elec\u00adtrics, soft\u00adware, consul\u00adting & service, vehicle deve\u00adlo\u00adp\u00adment and testing.<\/p>\n

Legal advi\u00adsors to ZF Fried\u00adrichs\u00adha\u00adfen AG: G\u00fctt Olk Feld\u00adhaus, Munich
\n<\/strong>
\nDr. Sebas\u00adtian Olk (Part\u00adner, Corporate\/M&A, Lead Part\u00adner), Thomas Becker, LL.M. (Of Coun\u00adsel, IP\/IT\/Commercial), Dr. Domi\u00adnik Forst\u00adner, Dr. Marcel Schmidt (both Senior Asso\u00adcia\u00adtes, Corporate\/M&A)<\/p>\n

Pusch Wahlig Work\u00adplace Law,<\/strong> Munich<\/strong>: Ingo Sappa (Labor Law)<\/p>\n

Blom\u00adstein, Berlin<\/strong>: Dr. Max Klasse, Dr. Roland Stein,<\/strong> Dr. Leonard Frei\u00adherr von Rummel, LL.M.; Asso\u00adcia\u00adtes: Vanessa Kassem, LL.M., Jasmin Mayerl (all antitrust\/foreign trade law)<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Munich \u2014 ZF Fried\u00adrichs\u00adha\u00adfen AG has sold its stake in ASAP Holding GmbH toge\u00adther with other share\u00adhol\u00adders to a subsi\u00addiary of the Indian company HCL Tech\u00adno\u00adlo\u00adgies, Inc. sold. ZF was advi\u00adsed on this tran\u00adsac\u00adtion by G\u00fctt Olk Feld\u00adhaus. ZF Fried\u00adrichs\u00adha\u00adfen AG acqui\u00adred a 35% stake in ASAP Holding GmbH in 2019. HCL Tech\u00adno\u00adlo\u00adgies, head\u00adquar\u00adte\u00adred in Noida, [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":48882,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1367,1368,1372],"tags":[],"class_list":["post-49102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-lawyers-tax-consultants-auditors","category-consultant"],"yoast_head":"\nG\u00fctt Olk Feldhaus advises ZF on the sale of its ASAP Holding stake - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/guett-olk-feldhaus-advises-zf-on-the-sale-of-its-stake-in-asap-holding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"G\u00fctt Olk Feldhaus advises ZF on the sale of its ASAP Holding stake - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Munich \u2014 ZF Fried\u00adrichs\u00adha\u00adfen AG has sold its stake in ASAP Holding GmbH toge\u00adther with other share\u00adhol\u00adders to a subsi\u00addiary of the Indian company HCL Tech\u00adno\u00adlo\u00adgies, Inc. sold. 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