Munich, June 18, 2021 – Gütt Olk Feldhaus advised ZF Friedrichshafen AG as the main shareholder and industrialisation partner of Ibeo Automotive Systems GmbH on the formation of a strategic partnership between Ibeo and AAC Technologies. AAC will also become a shareholder of Ibeo alongside the founders and ZF Friedrichshafen. ZF will remain the largest shareholder.
Ibeo Automotive Systems GmbH is a technology leader for LiDAR systems and for associated products and software. It was the first LiDAR company worldwide to receive a nomination from an automotive OEM for the serial production of a solid-state LiDAR. Ibeo has over 400 employees at its sites in Hamburg, Eindhoven and Detroit.
AAC is a leading supplier of technology solutions in the consumer electronics industry and supplies some of the most prominent manufacturers in the world. Founded in 1993 and listed on Hong Kong Stock Exchange in 2005, AAC has over 52,000 employees worldwide, including over 1,500 R&D engineers. AAC complements the existing partnership of Ibeo with ZF, which focuses on the industrialization of the new ibeoNEXT.
GOF already advised ZF on its investment in Ibeo in 2016.
Legal advisers to ZF Friedrichshafen AG:
Gütt Olk Feldhaus, Munich: Dr. Sebastian Olk (Partner, lead, Corporate/M&A), Dr. Tilmann Gütt, LL.M. (London) (Partner, Banking/Finance), Thomas Becker (Of Counsel, IP/IT), Isabelle Vrancken (Senior Associate, co-lead, Corporate/M&A), Dr. Dominik Forstner (Associate, Corporate/M&A), Christopher Müller (Associate, Banking/Finance)
About Gütt Olk Feldhaus:
Gütt Olk Feldhaus ist eine führende international tätige Sozietät mit Sitz in München. Wir beraten umfassend im Wirtschafts- und Unternehmensrecht. Unsere Schwerpunkte liegen in den Bereichen Gesellschaftsrecht, M&A, Private Equity sowie Finanzierung. In diesen Fachbereichen übernehmen wir auch die Prozessführung.
Dr. Sebastian Olk
Tel. +49 89 24 22 411-20