Addleshaw Goddard advised the majority shareholders of designLED.
A specialist in advanced backlighting digital innovation, the acquisition of designLED will bolster Faurecia’s offering in display technologies to its client portfolio which includes Volkswagen Group, Stellantis, Renault–Nissan–Mitsubishi, Ford, General Motors, BMW, Daimler, Toyota, Hyundai-Kia and Jaguar Land.
Supported by its significant intellectual property portfolio, designLED’s advanced, flexible, energy-efficient technology can be adapted to a growing range of automotive lighting and other vehicle interior surfaces.
As a leader in human machine interface applications and advanced modelling and simulation capabilities, the acquisition of designLED will help Faurecia’s drive to enhance the cockpit users experience.
The Addleshaw Goddard team advising on the deal was led by Glasgow-based partner, Anna Brown (Picture), with support from Sarah Dick and Finlay MacDougall.
Law Firms: Addleshaw Goddard;