M&A Advisory
K&L Gates
Full Credential Description
Samvardhana Motherson International Limited (Motherson), an auto components manufacturer, faced the challenge of expanding its market presence and capabilities through strategic acquisitions. The company sought to acquire a significant stake in Atsumitec Co., Ltd, a Japanese automotive parts manufacturer specializing in metal and machining, particularly in chassis and transmission parts. Atsumitec operates nine facilities across various countries, including China, Japan, and the United States, which presented an opportunity for Motherson to enhance its operational footprint and product offerings. K&L Gates provided a tailored solution by advising Motherson on the complex acquisition process, which involved purchasing at least 48.02% of Atsumitec’s shares from existing shareholders, followed by a potential squeeze-out or stock consolidation. The final phase of the transaction included a share repurchase from Honda Motors Co., establishing a strategic partnership with a 95:5 ownership structure between Motherson and Honda. This multifaceted approach required collaboration across various legal disciplines, including corporate, intellectual property, and employment law, with a team of experts from multiple jurisdictions. The expected completion of the acquisition in early 2025, pending regulatory approval, is anticipated to usher in a new phase for Motherson, enhancing its competitive edge in the automotive industry. The strategic partnership with Honda is expected to provide Motherson with increased access to advanced technologies and markets, thereby positioning the company for future growth and innovation in the automotive sector.