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Nisshinbo-TMB Friction acquisition

- $592.00 m
  • Entry date - Wednesday, 23 November 2011
  • Jurisdiction - Japan
  • Practice - .
  • Nisshinbo-TMB Friction acquisition

  • Firm - Allen & Overy
  • Client - TMB Friction
  • Lead Lawyers - Hartmut Krause, Matthias Horn
  • Role - International counsel to target
  • Firm - Gleiss Lutz
  • Client - Nisshinbo
  • Lead Lawyers - Fred Wendt, Michael Burian
  • Role - International counsel to acquirer
  • Firm - Herbert Smith
  • Client - Nisshinbo
  • Lead Lawyers - Bruno Basuyaux, Gavin Davies, Gillian Fairfield
  • Role - International counsel to acquirer
  • Firm - Mori Hamada & Matsumoto
  • Client - Nisshinbo
  • Lead Lawyers - Atsushi Oishi, Kenji Ito
  • Role - Japanese counsel to acquirer


Deal summary
·         Japan’s Nisshinbo acquired Luxemburg-based TMD Friction for $592 million

·         The combined business will become the world’s largest automotive brake friction manufacturer

·         Acquirer’s goal to expand global footprint especially in fast-growing regions such as China and Brazil


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