Reference transaction
Advisor to IFC Composite GmbH
on the sale to Shandong Sinoma Composite Auto Parts Co., Ltd.

At its site in Haldensleben (Saxony-Anhalt), IFC Composite GmbH produces and sells not only shafts, stabilizers and clutch joint plates but also, and above all, ultra-light leaf springs made of glass and carbon fiber reinforced plastics (GFRP and CFRP).

Shandong Beiqi Haihua Automobile Parts Co., Ltd. ("Beiqi Haihua") is a listed company in China and, as part of the Chinese BAIC Group, primarily produces steel springs for well-known national and international automobile manufacturers.