News & Announcements

W&P – Successfully Advised a Prominent German Luxury Car

Walalangi & Partners (in association with Nishimura & Asahi) has once again demonstrated its unparalleled prowess in navigating complex and challenging transactions through its recent role as counsel to a prominent German luxury car producer in a two-year-long strategic restructuring and transfer operation of its two Indonesian production and distribution subsidiaries. The transfer is to none other than a UK leading multi-brand global automotive distributor and one of the biggest Indonesian holding companies that is part of an integrated automotive business group.

The strategic move is carefully crafted to bolster the German luxury car producer’s market presence in Indonesia, a region with immense growth potential in the luxury automotive sector. This endeavour was marked by intensive negotiations and meticulous attention to detail, particularly in structuring the deal. Through unwavering dedication and a profound understanding of the legal market practice and automotive industry, the firm’s M&A team created a successful legal structure to facilitate the transfer of the production and distribution subsidiaries to the Purchasers.

As suggested by the Client, the firm’s invaluable support and ability to navigate complexities have once again proven instrumental in helping all parties to achieve a smooth closing after years of intense negotiations. This serves as a testament to W&P’s unwavering dedication to its clients’ success and its standing as the go-to advisor for clients seeking experienced counsel to support them in navigating complex and sophisticated legal structures in Indonesia.

The team was led by Mr. Luky Walalangi, with solid support of Mr. Hans Adiputra Kurniawan and Ms. Miriam Andreta, partners of the firm, Ms. Siti Kemala Nuraida, a Senior Associate as well as Mr. Raditya Pratamandika Putra and Ms. Kathleen Cateliya, both associates of the firm.