"Eversheds Sutherland Advises Shinhwa Pic on Acquisition of Automotive Group Sapp"

"Eversheds Sutherland assisted the South Korean group Shinhwa Pic in acquiring the Sapp group, an automotive sector company with operations in the USA and Slovakia, through its American sub-holding Shinhwa Auto USA Corp. The transaction involved a multi-practice team addressing corporate M&A, labor law, golden power authorization, and tax law aspects. The Sapp group was sold by L&B, owned by the Apollonio family, which was advised by Caporale Carbone Giuffrè Strano and Bonissoni law firms."

Eversheds Sutherland and Caporale Carbone Giuffrè Strano, along with Bonissoni, participated in the transaction. Eversheds Sutherland assisted the Korean group Shinhwa Pic, while Caporale Carbone Giuffrè Strano and Bonissoni represented the seller, L&B, owned by the Apollonio family. The transaction involved Shinhwa Pic, through its American sub-holding Shinhwa Auto USA Corp, acquiring the Sapp group. Sapp operates in the automotive sector and consists of five companies, including subsidiaries in the USA and Slovakia. Eversheds Sutherland's team was led by partner Tiziana Del Prete and included partner Pietro Massimo Marangio, of counsel Massimo Agostini, and associate Niccolò Pedrazzini for corporate M&A aspects. The firm also deployed a multi-practice team comprising partner Valentina Pomares and associate Marta Santucci for labor law matters, partner Alessandro Greco and associates Alberto Venditti and Rocco Ioia for the golden power notification and authorization procedure, and partner Gianluca Nemec and counsel Daniele Raimondi for tax law aspects. Caporale Carbone Giuffrè Strano's team was led by partner Francesca Caporale, while Bonissoni's team was led by Claudio Bonissoni and Nicola Bonassi.

"Eversheds Sutherland Advises Shinhwa Pic on Acquisition of Automotive Group Sapp"

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads