Freshfields is advising Midea Group Company Limited on its voluntary cash tender offer for Frankfurt-listed Kuka AG

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) is advising Midea Group Company Limited (‘Midea’) on its voluntary cash tender offer for Frankfurt-listed Kuka AG (‘Kuka’).

The transaction would be the largest ever acquisition of a German company by a Chinese bidder.

Midea is listed on the Shenzhen Stock Exchange and is one of the world’s leading industrial groups in consumer appliances and heating, ventilation and air-conditioning systems, and Kuka is a leading global supplier of intelligent automation solutions.

The Freshfields team advising on the transaction is led by finance partner Richard Perks and corporate partner Arend von Riegen.