Paul Hastings Advises Hitachi Construction in Brazil Joint Venture Deal
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.
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