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CMS Hasche Sigle advises automotive supplier etm on sale to BOS

07/02/2014

Leipzig – International group BOS GmbH & Co. KG of Ostfildern has acquired etm (engineering technologie marketing GmbH), an automotive supplier headquartered in the Thuringian town of Saalburg-Ebersdorf. Subject to approval from the competition authorities, the Schönbrunn site and employees will become part of BOS, which currently has 17 facilities worldwide. Going forward, etm will continue to be managed and developed as an independent firm. The purchase price was not disclosed.

A team from CMS Hasche Sigle led by lead partner Dr Jörg Lips advised etm on all legal aspects of the sale.

Family-owned BOS with sites in Europe, North America and Asia has been developing, manufacturing and selling systems and components for the automotive industry for more than 100 years. The focus is on products for the vehicle interior such as luggage covers, sun protection systems and armrests. With 4,800 employees worldwide, the company generates sales of some EUR 550 million a year. Established in 1997, etm supplies the international automotive industry with components and systems made of plastic and elastomer materials.

CMS Hasche Sigle

Dr Jörg Lips, M&A, Lead Partner 
Dr Jochen Lux, M&A 
Dr Jan Seelinger, M&A 
Dr Rolf Hempel, Competition 
Jesko Nobiling, Tax 
Rolf-Christian Stratz, Corporate 
Dr Alexander Bissels, Employment 
Dr Sören Langner, Employment 
Gerd Schmidt, Real Estate 
Dr Sabrina Salewski, Commercial 
Jens Benninghofen, Finance 
Dr Sebastian Schmitz, Public Law

Press Contact
presse@cms-hs.com

Press releases
Press Release ETM, 07/02/2014
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