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Clifford Chance advises Mitsui & Co. on acquisition of 50% of the shares in ITC Rubis

4 April 2025

Clifford Chance advises Mitsui & Co. on acquisition of 50% of the shares in ITC Rubis

Clifford Chance is advising Mitsui & Co., Ltd. on its acquisition of 50% of the shares in ITC Rubis Terminal Antwerp NV, a European tank terminal operator. Mitsui currently holds a 50% stake in ITC Rubis through a subsidiary and has entered into an agreement to acquire the remaining 50% from Tepsa Infra SAS. Completion of the transaction is subject to regulatory conditions precedent.

The Clifford Chance team is led by partners Xavier Remy in Brussels and Natsuko Sugihara in Tokyo, together with associates Nathan Tulkens, Gillis Waelkens and Chloé Petit in Brussels and Yuki Hoshinaga in London. Partner Richard Blewett and associates Jonathan Blondeel and Octave Schyns advise on antitrust aspects, together with partner Masafumi Shikakura in Tokyo. Counsel Pieter De Bock advises on environmental matters, senior counsel Gert Cuppens advises on employment aspects, and senior associate Olivia Higgs advises on English law matters.