Dentons’ Paris Managing Partner Pascal Chadenet and Of Counsel Guillaume Panuel advised Wielton in negotiating the acquisition of French road hauler firm Fruehauf.

Paris—Dentons’ Paris Managing Partner Pascal Chadenet and Of Counsel Guillaume Panuel advised Wielton in negotiating the acquisition of French road hauler firm Fruehauf.

Wielton SA, the Polish leader in the manufacture of trucks and lorries has submitted a firm offer to purchase 100 percent of the capital of Auxerre-based road hauler firm Fruehauf.
 
The acquisition of Fruehauf, which has control over more than 20 percent of the French market, should enable the Polish firm to diversify its activities and become “one of the top trucks and lorries manufacturers in Europe, with a turnover reaching about €250 million and more than 10,000 vehicles produced every year.”
 
The transaction would be profitable for both Fruehauf and Wielton—it will increase their offer and know-how, while keeping their brand and autonomy.
 
The takeover bid will be examined by Fruehauf’s works council as well as the Competition Authorities.