Tokyo/Los Angeles (October 7, 2011)
Paul Hastings, a leading global law firm, announced today that it has advised Hitachi Construction Machinery Co., Ltd. (Hitachi Construction), a leader in the construction machinery industry, in its joint venture with Deere & Company (Deere) to launch an excavator manufacturing and distribution business in Brazil.
With a total investment value of US$90 million, the joint venture to be located outside of Sao Paulo will manufacture Hitachi-engineered excavators for distribution in Brazil. This marks the extension of an important North American partnership between Hitachi Construction and Deere.
The Paul Hastings team was led by partners Kaoruhiko Suzuki, John Porter
and Nancy Iredale
with support from Kota Kikuchi
. 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.