DLA Piper advises HCL Technologies on its acquisition of all shares in H&D International Group
DLA Piper has advised India/US-based HCL Technologies, a leading global technology company on its acquisition of the German-based IT and engineering services provider, H&D International Group, consisting of 15 group companies, including subsidiaries based in the US and the Czech Republic. The completion of the transaction is subject to clearance by the German Federal Cartel Office.
The H&D International Group is one of the largest IT service providers in the German automotive industry, and operates in over 20 locations globally including; Germany, the USA, the Czech Republic and Poland. H&D specialises in IT Infrastructure, application services particularly in R&D IT, shop floor IT and Industry 4.0 solutions. H&D’s existing delivery center in Gifhorn, Germany, will become part of HCL’s global delivery footprint and will focus on IT and engineering services both in Germany and globally.
HCL Technologies provides an integrated portfolio of products, solutions and services in the IT landscape and leverages its global network to serve customers in key industries. HCL operates out of 39 countries and has consolidated revenues of US$ 7.8 billion, for 12 Months ended 31st March 2018. The acquisition of the shares in H&D is part of HCL’s long-term growth plan in Germany and will further enhance the company’s domain expertise in the global automotive sector.
The DLA Piper team was led by Hamburg-based Corporate counsel, Dr Isaschar Nicolaysen, and Co-Country Managing Partner in Germany, Dr Benjamin Parameswaran. The team comprised of partners Dr Burkhard Fuehrmeyer, Intellectual Property & Technology, Dr Konrad Rohde, Tax, and Christian Lonquich, Real Estate in Frankfurt, supported by Intellectual Property & Technology partner, Jan Pohle, in Cologne and Hamburg-based Employment partner, Dr Kai Bodenstedt. Further counsel assistance came from Dr Henriette Norda, Employment, Frankfurt-based Semin O, Litigation & Regulatory, and Munich-based Sebastian Kost and Dr Raimund Behnes in Frankfurt, both Tax. Also involved were Hamburg-based senior associate Dr Isabel Schaefer, Employment, Frankfurt-based senior associates Carla Nicolai, Real Estate, and Moritz Schoenpflug, IPT, Hamburg-based Corporate associates Sophie von Mandelsloh and Diedrich Schroeder, Litigation & Regulatory associates Dr Christoph Buchholz in Hamburg and David Klock in Frankfurt, Cologne-based IPT associate Andreas Ruediger as well as Frankfurt-based lawyer Konstantin Decker-Horz, Real Estate.
Also involved in the transaction were Head of Corporate and Country Managing Partner in the Czech Republic, Miroslav Dubovsky, Country Managing Partner in Poland, Krzysztof Wiater, Corporate partner Eric Wang in Palo Alto, and Employment partners Margaret Keane in San Francisco and Agnieszka Lechman-Filipiak in Warsaw.