Lenz & Staehelin advises drivetek on its sale to BorgWarner

The automotive supplier BorgWarner has acquired the Switzerland-based Drivetek. The transaction has an enterprise value of up to CHF 35 million, of which CHF 25 million was delivered at closing. An additional CHF 10 million could be paid in the form of contingent payments over the next 3 years. With the acquisition, BorgWarner grows its power electronics capabilities in auxiliary inverters.

Dirvetek is offering engineering and product development services for inverters, electric drive solutions and power electronics as well as products that include specialized inverters for high-speed electrified turbomachinery. The Swiss company supports customers in the automotive and transportation industry as well as in the aviation, industrial and energy sectors.

Lenz & Staehelin has advised the selling shareholders of drivetek. The team included partners Simone Ehrsam and Tino Gaberthüel (both corporate and m&a and pictured) as well as associates Xavier Grivel (corporate and m&a) and Lukas Aebi (tax).

Lenz & Staehelin advises drivetek on its sale to BorgWarner



Launched in 2020 by LC Publishing Group, it is the first digital portal addressed to the Swiss legal market.
In terms of contents, the website focuses on both law firms and in-house legal departments, covering the latest news and rumors on deals and operations (and the related advisors) as well as on lateral hires, moves and new appointments and providing insights, analytical data and opinions on the professions’ main trends and topics (Ai, innovation, etc.).

For further information, please visit the Group’s website www.lcpublishinggroup.com

LC Publishing Group S.p.A. – Via Tolstoi 10 – 20146 Milano – Tel. 0236727659 – C.F./P.IVA 07619210961
REA 1971432 Registro delle Imprese di Milano – Cap. Soc. Euro 50.000,00 i.v.

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram