Taylor Wessing has advised the Innerio Group on the acquisition of Estra Europe from Shanghai Aerospace Automobile Electromechanical.
Innerio manufactures heat exchangers for air conditioning, battery, and electric motor cooling systems, as well as charge air cooling systems for hybrid vehicles.
Estra Europe employs a total of about 1,150 people at its engineering center in Hautecharge, Luxembourg, and its manufacturing plant in Zabrze, Poland.
The Taylor Wessing team included Partner Olav Nemling and Counsels Katarzyna Matusiak and Jan Adamus.
Taylor Wessing did not respond to our inquiry on the matter.
