Freshfields Bruckhaus Deringer (‘Freshfields’) advised Renault on the creation of a 50/50 joint venture with Geely dedicated to becoming the global leader in developing, manufacturing, and supplying best-in-class hybrid and highly efficient internal combustion engine powertrains.

Freshfields also advised Renault Group on the structuring and the implementation of the carve-out of its internal combustion and hybrid engines business conducted mainly in Argentina, Brazil, Chile, Portugal, Spain, Romania and Turkey.

The transaction involved more than 60 lawyers of Freshfields from five different offices as well as other lawyers across eight additional jurisdictions.

The Freshfields team is led by partner Guillemette Burgala and counsel Aïleen Legré, alongside senior associate Kanitha Neal and associate Aia Eid. Advice on IP matters and commercial contracts was led by partner Giles Pratt, alongside senior associates Tony Gregory and Tom Hingley and associates Cameron Skinner, Nicola Fish, Francesca Teng and Vanessa Jiang. Advice on merger control matters was provided by partner Laurent Garzaniti, alongside principal associate Clémentine Vande Maele and associate Victoria Delettre. Advice on foreign investment matters was provided by counsel Enrique Carrera alongside associate Javier Fernandez.