Addleshaw Goddard advises on global automotive technological know-how deal

Christina Wilkins

Addleshaw Goddard advises on world-wide automotive technologies deal Released 10 June 2021 &#13Anna Brown&#13 &#13 Addleshaw Goddard’s company crew in Scotland has suggested the greater part shareholders of Livingston-based lights innovators, designLED, on its sale to Faurecia – an automotive engineering corporation. &#13 The acquisition of designLED will bolster Faurecia’s featuring […]

Addleshaw Goddard advises on world-wide automotive technologies deal



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Anna Brown
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Addleshaw Goddard’s company crew in Scotland has suggested the greater part shareholders of Livingston-based lights innovators, designLED, on its sale to Faurecia – an automotive engineering corporation.

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The acquisition of designLED will bolster Faurecia’s featuring in screen systems to its consumer portfolio which contains Volkswagen Group, Stellantis, Renault–Nissan–Mitsubishi, Ford, Standard Motors, BMW, Daimler, Toyota, Hyundai-Kia and Jaguar Land Rover.

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The Addleshaw Goddard group advising on the offer was led by Glasgow-based associate, Anna Brown, with help from Sarah Dick and Finlay MacDougall.

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Ms Brown said: “Enabling the acquisition of designLED by a world operator has been gratifying to finish, as its progressive and highly developed technology will now reach a broader sector.

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“It is apparent that the team at designLED is incredibly passionate about its world-course selection of products and staying component of the Faurecia team will permit the team’s competencies and technological innovation to become an integral aspect of the revolution in cockpit technology and improved driver and passenger practical experience. 

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“Addleshaw Goddard’s experience across the automotive and know-how sectors is persistently growing, as we glimpse to shut Q2 in a sturdy posture with a variety of important M&A bargains concluding throughout both equally industries.”

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Stuart Bain, chief government at designLED, explained: “This is an extremely significant milestone for our small business. It strengthens our previously sector-major situation as a developer and maker and permits us to supply our very best-in-course technological innovation to a entirely global sector as section of one particular of the automotive sector’s major players.

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“To get any deal in excess of the line you want a supportive, adaptable and, most importantly, available lawful staff. We have experienced total belief and self confidence in the Addleshaw Goddard group in the course of the full course of action, in distinct the professionalism and perseverance – with a evaluate of excellent humour – of lead companion, Anna Brown.”

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