bpv Grigorescu Ștefănică advises Motherson as local counsel on the 207 million euros global acquisition of Nexans autoelectric wiring harness business

bpv Grigorescu Ștefănică has advised leading global automotive systems supplier Motherson on the Romanian aspects of the transaction involving the acquisition of 100% of Nexans autoelectric’s global wiring harness business, for an enterprise value of 207 million euros on a cash-free and debt-free basis. The transaction, which encompasses operations across 22 facilities in 11 countries including Romania, is subject to customary regulatory approvals, with completion expected by mid-2026.

Motherson is one of the world’s top 15 automotive suppliers, operating at over 425 facilities across 47 countries on five continents. The company is a global specialist in design, engineering, manufacturing, and assembly for the automotive and transport industries, serving a diverse range of customers, including nearly all leading automobile manufacturers worldwide.

Founded nearly 60 years ago, Nexans autoelectric is a global manufacturer of automotive wiring harnesses and vehicle wiring system solutions for passenger and commercial vehicles, operating 22 facilities in 11 countries, with more than 13,000 employees, and revenues of €749 million in 2024.

“We are delighted to support Motherson in this significant strategic acquisition that expands its global footprint and strengthens its position in automotive wiring solutions. This transaction involved navigating complex multi-jurisdictional legal aspects and coordinating closely with legal advisors across multiple jurisdictions. We thank the Motherson team for their trust throughout this landmark transaction,” said Iulia Dragomir, Partner at bpv Grigorescu Ștefănică.

bpv Grigorescu Ștefănică acted as local counsel to Motherson in relation to the acquisition of Nexans autoelectric’s Romanian wiring harness operations as part of the broader global transaction. The firm’s multidisciplinary team assisted Motherson throughout the due diligence process and with Romanian-law aspects of the transaction documentation and continues to support Motherson through the completion process and full implementation of the transaction in Romania.

Friedrich Graf von Westphalen & Partner (FGvW) acted as lead international counsel to Motherson. bpv Hügel (Austria) and bpv Braun Partners (Czech Republic), member firms of the bpv LEGAL alliance, together with other law firms from the Motherson and FGvW networks, provided legal support across the relevant jurisdictions involved in the transaction.