June 05, 2019
Cadwalader advised Inteva Products, a leading global tier one automotive supplier of engineered components and systems, on the sale of its Roof Systems product line to CIE Automotive.
Inteva acquired the Roof Systems business in 2011 and improved the product line’s quality, efficiency, delivery and innovation leading to increased customer satisfaction and growth. Inteva Products will continue to provide industry leading Interior Systems, Closure Systems and Motors & Electronic Systems to its more than 100 customers worldwide.
Inteva Products is a leading global automotive supplier providing innovative, reliable, environmentally friendly products that enhance vehicle quality, safety and performance. The company employs more than 8,000 people at 30 sites and maintains its world headquarters in Troy, Michigan.
CIE Automotive is a supplier of components and sub-assemblies for the global automotive market.
The Cadwalader team was led by Corporate Group co-chair William Mills and Corporate partner Braden McCurrach, and included Corporate associates Peter Bariso and Lindsey Kister; Tax partner Linda Swartz; Executive Compensation, Benefits & ERISA partner David Teigman and associate Nicholas LaSpina; Intellectual Property partner Dorothy Auth; Antitrust partners Joel Mitnick and Vincent Brophy, special counsel Tom Bainbridge and associate Benjamin Falkenberg; Finance partner Christopher McDermott, special counsel Nick Brandfon, senior attorney Matthew Stempler and associate Evan Carter; and Environmental counsel Bill White.