Frauenthal Holding AG (WBAG:FKA) entered into an agreement to acquire MAHLE Motorkomponenten GmbH from MAHLE GmbH on January 30, 2017. MAHLE Motorkomponenten GmbH reported turnover of €125 million in 2016. Upon the change in ownership, the agreement concluded for safeguarding the employment of all MAHLE Group employees in Germany will also apply to the employees of Plettenberg and Roßwein. Terminations for operational reasons are excluded until the end of 2019. The deal is subject to approval by the antitrust and regulatory authorities. Completion of the transaction expected in the first quarter of 2017. Ansgar Rempp, Martin Schulz, Klaus Herkenroth, Sandra Kamper, Adriane Sturm, Johannes Zöttl, Markus Ledwina and Olaf Hohlefelder of Jones Day acted as legal advisors to MAHLE. Kai-Michael König, Boris Körner, Tim Gießelmann, Frank Wältermann, Guido Matthey, Simon Grosse-Brockhoff , Michael Sitsen, Golo Edel, Elisaveta Breckheimer, Philip Schott, Sanela Rovcanin, Sarah-Jane Prinz, Marieke Schwarz, Alexander Falk, Bastian Mehle and Meike Freund of Orth Kluth acted as legal advisors to Frauenthal. Thomas Müller and Stefan Niemann of HSMV acted as accountants for Frauenthal Holding. CMS Hasche Sigle acted as legal advisor to MAHLE GmbH.