Clifford Chance

Clifford Chance advises Endo Lighting on purchase of UK's Ansell Electrical

Leading international law firm Clifford Chance has advised Endo Lighting Corp. (Endo) on its purchase of Ansell Electrical Products Limited and Ansell (Sales & Distribution) Limited (Ansell), wholesalers of lighting products in the UK focusing mainly on northern England and northern Ireland, for approximately GBP36 million (approximately JPY6.5 billion). Endo is aiming at enhancing its existing business in the UK in order to develop the market for light-emitting diode (LED) lighting products. LED lighting products have been popular for some time in Japan. The deal was signed on 14 November 2014 and closed on the same day.

"We are delighted to have advised Endo on this strategic and significant acquisition. This transaction showcases our ability to provide a seamless service supporting Japanese companies' outbound investments in the UK," said M&A partner Tatsuhiko Kamiyama.

The Clifford Chance Tokyo team was led by partners Andrew Whan and Tatsuhiko Kamiyama who were supported by senior associate Satoshi Mogi and associates Yusuke Kobayashi, Shunsuke Nagae and Yvonne Zhong.

Endo is a manufacturer of high-quality lighting products and is listed on the Tokyo Stock Exchange.