Advised on Sale of CompanyAutomotive
Acquired 100% of Shares
The Leoni AG, Nürnberg, Germany sold their subsidiary Leoni Flex S. A., Burnhaupt, France to Arques AG, Starnberg, Germany. Leoni Flex S.A. is a manufacturer of flexible circuit boards. Leoni sold the plant in the context of focusing on their core business activity.
A manufacturer of flexible circuit boards and supplier for the automotive industry. Major clients are well-known Tier-1 in Europe, which are focused on activities in the area of vehicle power and flexible circuit boards, especially for the usage of datex,
Arques is a finance investor with an emphasis on acquisition and development of companies in a turnaround situation. As a specialist in reorganization, Arques has extensive experience in the automotive industry, especially in France.
IMAP initiated the transaction on behalf of Leoni AG and handled it in all its phases.