Our esteemed partner, Ognjen Colić, recently shared his insights on the groundbreaking Remus acquisition of GLM in an interview with Lawyer Monthly. This attractive deal caught the attention of the specialized global publication, which expressed interest in exploring its intricacies further. Ognjen led the legal team at Gecić Law in navigating the local aspects of this significant deal.
The transaction is among the most notable in the automotive industry this year. The acquisition included an indirect takeover of GLM RS Zrenjanin, a crucial part of GLM’s global manufacturing capacities. The deal marks a significant expansion for Remus, the Austrian powerhouse in premium exhaust systems for the automotive and motorcycle industries. Known for its state-of-the-art production and R&D, the deal further reinforces Remus’ commitment to innovation and growth.
During the interview, Ognjen emphasized the deal’s complexity. The acquisition required meticulous due diligence, a sophisticated understanding of regulatory frameworks, and cross-border legal challenges.
“Overall, the due diligence process played a critical role in identifying key areas for ensuring the seamless operation of GLM RS post-acquisition, with particular emphasis on securing the company’s rights over the production facility,” Ognjen highlighted. Gecić Law’s expertise ensured a smooth process from start to finish.
In addition, Ognjen stressed the importance of our legal advice in shaping this deal effectively. He further expressed pride in our team’s ability to address the intricate details of this transaction. This success story strengthens Gecić Law’s reputation and showcases the capability of our experts to handle high-stakes multijurisdictional transactions. The interview in Lawyer Monthly offers a deeper understanding of the deal’s impact and Gecić Law’s role.
Click the link to read the full interview with Ognjen Colić to learn more about othe role of the Gecić Law team in the important Remus acquisition of GLM and its implications for the industry.
