Rentsch Legal represented Swiss company Lantal Textiles in the acquisition of a Car Trim production plant in Kraslice.
Lantal is a globally active Swiss textile mill and a leader in the design, production, and distribution of textiles, parts, and services for aircraft, train, bus, and executive interiors. The objective of Lantal’s products and value-adding services is to achieve the ultimate in passenger well-being.
The newly acquired production plant in Kraslice has more than 70 employees and has been specializing in the production of upholstery for car and plane seats for more than 20 years.
The sale was structured as a partial acquisition of the business and the transaction was executed on March 1, 2017.