Freshfields advises Continental AG on creating new holding structureFreshfields Bruckhaus Deringer LLP (‘Freshfields’) advises Continental AG on one of the largest organisational changes in the company’s history. As a result a new holding structure of the German technology corporation will be created under the new “Continental Group” umbrella brand. It will be supported by three “group sectors,” namely “Continental Rubber,” “Continental Automotive” and “Powertrain.” "Powertrain” will be transformed into an independent legal entity under a new name by the beginning of 2019. Its partial initial public offering (IPO) is expected starting mid-2019.
Freshfields is advising on corporate law and capital markets aspects of this matter and is coordinating the global support for the carve-out and the transforming of the “Powertrain” division into an independent legal entity.
The Freshfields team is led by Christoph H. Seibt and includes further Jakob Fontaine, Karsten Krumm, Gerrit Bulgrin, Benedikt Zimmerningkat (all corporate/M&A), Jochen Dieselhorst, Philipp Dohnke (IP), Christian Ruoff, Norbert Schneider, Philipp Redeker (tax) and Klaus-Stefan Hohenstatt (employment).
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