Transaction

Clearwater advises DK Automotive on sale of a majority stake to Schmolz + Bickenbach

Transaction

DK Automotive AG sold a majority stake to Schmolz + Bickenbach KG

Sell-side

Undisclosed

Role

Adviser to DK Automotive AG on its sale of a majority stake to Schmolz + Bickenbach KG

Sector

Automotive

Region

Germany

Clearwater acted as sole financial adviser to the shareholders of the German automotive supplier DK Automotive AG on their sale of a majority stake to German steel producer and distributor Schmolz + Bickenbach KG.

In this complex assignment, which involved the sale of DK Automotive‘s German, Austrian and Chinese businesses via the conduction of an international sales process, Clearwater leveraged its international experience in both distressed and automotive M&A transactions.

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Advisers

Transactions