– Paul Hastings, a leading global law firm, announced today that it is advising MISUMI Group Inc., (“MISUMI”) on its US$200 million acquisition of all shares in the largest die components maker in the U.S., Dayton Progress Corporation (“Dayton”) and the components business (“AD Components Business”) of Canada’s The Anchor Danly Company. Both companies are owned by Connell Limited Partnership of Boston.
MISUMI is a Japan-based manufacture company operating in four business segments including die components, factory automation, electronics and tools and consumables.
The acquisition will strengthen MISUMI’s market position as a leading global supplier of die components by exploiting Dayton and AD Components Business’ solid U.S. and Europe customer bases.
Paul Hastings leveraged its global platform to execute this cross-border acquisition transaction for MISUMI with lawyers from Paul Hastings’ Tokyo, Chicago, Washington D.C. San Diego, Frankfurt and Shanghai offices working together.
M&A partners Hajime Kanagawa
and Toshiyuki Arai
led the Paul Hastings team in Japan, with support from associates Yuji Nakano
and Achika Iwanaga
. Chicago-based M&A partners Christopher Sheaffer
and Brian Richards
advised in the U.S. with support from associate Joydeep Dasmunshi
. Tax partner Ziemowit Smulkowski
, International Trade partner Scott Flicker
, Antitrust partner Scott Hataway
, IP associate Todd Schneider
, Shanghai-based partner Lu Yi
and Frankfurt-based associate Christian Mock
also advised on the transaction. Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.