08/04/2024
CMS advises Panasonic Europe on reformation of European governance structure
Hamburg – Panasonic, one of the world's leading electronics manufacturers, has changed parts of its organizational set-up towards a new governance structure for certain of its European entities. They opened new branch offices under its Dutch European headquarter entity, Panasonic Europe B.V. in the UK, Spain and Poland. In Spain and Poland, the staff and certain assets of the existing branch offices of German Panasonic Marketing Europe GmbH have been transferred to the new branches as of 1 April 2024. An international CMS team led by Dr Eckart Gottschalk and Dr Philipp Koch provided comprehensive legal advice to Panasonic on this transaction. The focus was on corporate and employment law advice and the coordination of the various steps in different jurisdictions. CMS Germany worked once again closely with CMS firms from the UK, Spain, Poland and the Netherlands. With its renewed organizational set-up, Panasonic is streamlining its governance structure across Europe. The Panasonic Group, founded in 1918, is today a global leader in developing innovative technologies and solutions for wide-ranging applications in the consumer electronics, housing, automotive, industry, communications and energy sectors worldwide. The Panasonic Group switched to an operating company system on April 1, 2022 with Panasonic Holdings Corporation serving as a holding company and eight companies positioned under its umbrella. The Group reported consolidated net sales of 8,378.9 billion yen (approx. 59.4 billion Euro) for the year ended March 31, 2023. CMS Germany Dr Eckart Gottschalk, Lead Partner, Hamburg
Dr Philipp Koch, Counsel, Hamburg
Sonja Schanze, Associate, Hamburg
Tjorben Drawe, Associate, Hamburg, all Corporate/M&A
Dr Daniel Ludwig, Partner, Hamburg
Dr Jacob Hinze, Counsel, Hamburg, both Employment law CMS UK Nick Crosbie, Partner, London
George Yuill, Senior Company Secretary, London, both Corporate/M&A CMS Spain Luís Miguel de Dios, Partner, Madrid
Aleksandra Czajka, Senior Associate, Madrid, both Corporate/M&A
María José Ramos Aguilar, Senior Associate, Madrid, Employment law CMS Poland Olga Czyzycka-Szczygiel, Counsel, Warsaw
Magdalena Mentrak, Associate, Warsaw, both Corporate/M&A
Michał Tutaj, Senior Associate, Warsaw, Employment law CMS Netherlands Britt Straat, Candidate civil law notary, Amsterdam Panasonic Europe Volkhard Pfaff, General Counsel, Wiesbaden
Daniela Gardiner, Head of Legal Local Sales Operations, Bracknell
Claudia Neif, Head of Legal DACH, Wiesbaden
Paulina Prugar, Senior Legal Counsel, Warsaw
Jaime Corderas, Senior Legal Counsel, Barcelona
Markus Rein, HR-Director, Hamburg
Christian Konertz, Employee & Labor Relations Manager, HamburgPress Contact
presse@cms-hs. com
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