Norton Rose Fulbright advises Panattoni Europe on construction of BTO facility for Compal
Mondial | Press release - Business | août 2024
Global law firm Norton Rose Fulbright has advised Panattoni Europe as the developer on the construction of a new BTO (Built-to-Own) facility in Czeladź, to be developed for Compal, one of the world's leading manufacturers of notebook PCs, smart devices, data centre equipment and LCD products.
The facility will produce advanced electronic components for the automotive industry, including advanced driver-assistance systems, engine control unit modules, and 5G communication units. It will feature an SMT production line, a vehicle control module production line, and a quality control point, all within a state-of-the-art clean room with controlled environmental conditions.
Norton Rose Fulbright negotiated the development management contract based on which Panattoni is developing the facility and is continuing to provide legal advisory regarding the construction process.
Panattoni Europe, one of the key clients of Norton Rose Fulbright in Poland, is an industrial property market leader in Europe and an industrial space developer whose goal is to support local business by providing multi-functional build-to-suit warehouse facilities.
Compal is the world's leading manufacturer of notebook PCs, smart devices, data centre equipment and LCD products, bringing breakthrough design concepts to life with world class R&D, manufacturing and supply chain management.
The Norton Rose Fulbright team acting on this transaction was led from the firm’s Warsaw office by senior associate Jakub Kowalczyk and included associate Magdalena Olechniewicz-Blocher. Partner Magdalena Zienkiewicz, head of the real estate and construction practice in Poland, supervised the transaction.