Gide advises Le Bélier on its expansion in Asia

Gide has advised Le Bélier, a global leader specialized in the manufacture of moulded aluminium safety components for automobiles, on the Chinese aspects of its acquisition of HDPCI Group, a manufacturer of turbo parts and aluminium brakes based in Hong Kong.

Le Bélier reported a turnover of EUR 236.3 million in 2013. HDPCI owned two production facilities in mainland China (Lushun and Wuhan) and one in Hungary (Mohacs) and was considered to be Le Bélier’s main competitor.

Gide acted on this transaction alongside Le Bélier’s traditional French counsel, Marvell Avocats. Partner Paul-Emmanuel Benachi led the Shanghai and Hong Kong based Gide team and was assisted by associate Charlotte Préaux.