24 April 2018
Clifford Chance advises JBIC on EUR85.6 million acquisition of high purity metal supplier
Leading international law firm Clifford Chance has advised Japan Bank for International Cooperation (JBIC) on the subscription of non-voting class shares in in JX Metals Deutschland GmbH (JXMD), a wholly owned company of JX Nippon Mining & Metals Corporation, amounting up to EUR85.6million. JXMD was established with the purpose of acquiring all shares in H.C. Starck Tantalum and Niobium GmbH, one of the world's leading suppliers of Tantalum and Niobium products (high-purity metal power), widely used in the Japanese electronics industry.
The team was led by partners Tatsuhiko Kamiyama (Tokyo) and Jörg Rhiel (Frankfurt), with support from counsel Werner Brickwedde (Düsseldorf), senior associate Yusuke Kobayashi (Tokyo) and associate Maria Luisa Köhler (Düsseldorf).
Tatsuhiko offers, "We are honoured to have advised JBIC on this strategically important investment. This matter showcases our strength in delivering complex cross-border M&A transactions."
Jörg adds, "This transaction is another example of continuous and strong interest in Germany by Japanese investors. We are proud to be advising Japanese investors on yet another European acquisition."