Rödl & Partner advises Arteco on New Coolant Production Business in China

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​​​​​​​​​​​​Shanghai​/China, 27.3.2024: Rödl & Partner has provided comprehensive legal, financial, and tax advisory services to Arteco for new coolant production business in China.


Arteco NV, established in 1998 as a joint venture between Chevron and Total Energies with headquarters in Belgium and a subsidiary in Shanghai, is a leading company in the development and manufacturing of high-quality antifreeze coolants and heat transfer fluids. The company is known for its innovative and efficient solutions that provide optimized thermal heat transfer and corrosion protection for cooling systems.

The project included the construction of a new production facility in Nantong, Jiangsu Province, and extends capabilities beyond the production of coolants for traditional combustion engines. The facility will also produce heat transfer fluids for all types of new energy vehicles (NEV), including electric, hybrid, and fuel cell vehicles.

The legal advisory was led by Partner Sebastian Wiendieck, Head of Legal Practice China, Shanghai, and Associate Partner Bei Li. The legal services include support to Arteco for Legal Due Diligence, contract draft and negotiation, risk management, compliance for local and international legal regulations and intellectual property protection.

In the area of financial and tax advisory the project was led by Partner Vivian Yao, Head of Tax China, and Partner Frances Gu. They supported Arteco in Financial and Tax Due Diligence, negotiation of the contract term as well as the provision of tax solutions with the negotiation with the relevant authorities. 

The ceremonial inauguration of the production facility took place on 12 March 2024. The new facility marks an important step in Arteco’s expansion in the Asian market and reflects its significance for the regional economy and Arteco’ global presence.

About Arteco 

Arteco NV was established in 1998 as a joint venture between Chevron and TotalEnergies with focus on developing, producing and marketing coolants. Arteco has enjoyed continuous growth and is a leader in the automotive coolant industry.

Over 25 years of experience: Rödl & Partner in China 

As one of the first German professional services firms, Rödl & Partner has been successfully operating in China for over 25 years and has offices in Beijing, Canton (Guangzhou), Shanghai, Taicang and Hong Kong (SAR). At all locations, Rödl & Partner offers German-language services in the fields of legal advisory, tax advisory, auditing and business process outsourcing. This comprehensive one-stop counsel is a decisive advantage for clients in the success of their business activities in China.

With a strong team of 150 employees in China, Rödl & Partner mainly supports German and European companies that are represented in China by subsidiaries, branches and individual projects or that want to become involved in the Chinese market.

Advisors to Arteco

Rödl & Partner China

Sebastian Wiendieck, Partner (Corporate), Head of Legal Advisory China – Legal
Bei Li, Associate Partner (Corporate) – Legal

Vivian Yao, Partner, Head of Tax China – Tax/Financial
Frances Gu, Partner – Tax/Financial​

Kontakt

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Sebastian Wiendieck

Partner

+86 21 6163 5329

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