IFLR1000

LG Electronics/LG Corporation €1.1 billion acquisition of ZKW Group

15/6/2018
Private acquisition
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€ 1.1 billion

$ 1.275 billion

Announced

15/6/2018

Overview:

  • LG Electronics/LG Corporation has acquired ZKW Group for €1.1 billion.
  • LG Electronics has taken a 70% stake.
  • LG Corporation is the parent company and will own the remaining 30%.
  • It is the largest transaction in LG’s 60 year history.

Mihail Georgiev - Data analyst

Jurisdiction:

Austria

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Austria

Industry sector:

Automotive

Firms:
Dorda

Party: ZKW Group (Target)

Lawyers: Andreas Mayr, Christoph Brogyányi

Freshfields Bruckhaus Deringer

Party: LG International (Acquirer)

Lawyer: Konrad Gröller

Gleiss Lutz

Party: ZKW Group (Target)

Lawyers: Christian Cascante, Jochen Tyrolt

Lee & Ko

Party: LG International (Acquirer)

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