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Noerr Advises Shenzhen Kedali Industry on Investment in Hungary

Noerr Advises Shenzhen Kedali Industry on Investment in Hungary

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Noerr has advised Chinese lithium batteries precision parts manufacturer Shenzhen Kedali Industry on a EUR 40 million investment in a new battery production plant in Godollo, Hungary.

According to Noerr, “as part of the investment, Kedali acquired a 3.5-hectare real estate property for the development of their future production facility from the Indotek Group, an investment fund manager and real estate developer in Hungary."

Noerr’s team included Partners Zoltan Nadasdy and Jorg Menzer, Senior Associate Yifan Zhu, and Associate Eszter Hegedus.

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