Sensirion Automotive Solutions AG has announced that it had acquired the automotive business of Auto Industrial Co. Ltd., a provider of automotive sensor modules.
The acquisition included sites in Korea, China and the US and contributed to the expansion of Sensirion’s market position as first tier and OEM automotive sensor module supplier.
The acquisition expands Sensirion’s global footprint and strengthens its automotive sensor module business. The acquired company will operate under the name Sensirion Automotive Solutions as a legally independent entity of Sensirion. AIC and Sensirion have been collaborating very successfully for many years.
Homburger advised Sensirion in this transaction. The Homburger team was led by partner Daniel Hasler (Corporate | M&A, in picture) and comprised counsel Peter Müller (Tax) and associates Dominik Aerni and Margrit Marti (both Corporate | M&A).
Law Firms: Homburger;
Clients: Sensirion AG;