Megatech Restructures and Joins Forces with Sapa

E+H has played a pivotal role in guiding Megatech Industries, a significant European manufacturer of plastic-based automotive components, through a crucial restructuring process due to financial challenges. Subsequently, Megatech has been acquired by Sapa, an Italian supplier known for providing plastic parts to automotive giants like Stellantis, Volkswagen, and BMW. This acquisition not only stabilizes Megatech's financial turmoil by aligning with a robust partner but also notably extends Sapa's geographical footprint into Spain, Portugal, Poland, Germany, the Czech Republic, and Brazil. Legal advisory for the transaction was handled by E+H's extensive team of partners, attorneys, and associates, in collaboration with Wolf Theiss and Gianni & Origoni, supporting Sapa's side. This strategic move underscores both Megatech's bid for stability and Sapa's ambition for expanding its market influence.