bpv Grigorescu Ștefănică has advised leading global automotive systems supplier Motherson on the Romanian aspects of the transaction involving the acquisition of 100% of Nexans autoelectric’s global wiring harness business, for an enterprise value of €207 million on a cash-free and debt-free basis.
The transaction, which encompasses operations across 22 facilities in 11 countries including Romania, is subject to customary regulatory approvals, with completion expected by mid-2026.
Motherson is one of the world’s top 15 automotive suppliers, operating at over 425 facilities across 47 countries on five continents. The company is a global specialist in design, engineering, manufacturing, and assembly for the automotive and transport industries, serving a diverse range of customers, including nearly all leading automobile manufacturers worldwide.
Founded nearly 60 years ago, Nexans autoelectric is a global manufacturer of automotive wiring harnesses and vehicle wiring system solutions for passenger and commercial vehicles, operating 22 facilities in 11 countries, with more than 13,000 employees, and revenues of €749 million in 2024.
Friedrich Graf von Westphalen & Partner (FGvW) acted as lead international counsel to Motherson. bpv Hügel (Austria) and bpv Braun Partners (Czech Republic), member firms of the bpv LEGAL alliance, together with other law firms from the Motherson and FGvW networks, provided legal support across the relevant jurisdictions involved in the transaction.
