transaction advice


Deloitte advises Teijin Frontier on acquisition of Ziegler Group from DPE Deutsche Private Equity

A multidisciplinary international Deloitte Team has advised Japanese Teijin Frontier Co., Ltd. on the acquisition of J.H. Ziegler GmbH from German DPE Deutsche Private Equity. The German Federal Cartel Office (Bundeskartellamt) has recently granted the requisite antitrust clearance for the transaction.

Teijin Frontier is a component of the Japanese chemicals and pharmaceuticals group Teijin, which generates an annual global turnover equivalent to approximately EUR 6 billion, with a staff of around 20,000 employees. Teijin is listed on the Tokyo stock exchange (TSE: 3041).

Ziegler Group is a leading manufacturer of laminated products for car seats and acoustic absorbers for vehicle interiors; the group is expected to generate EUR 75 million+ in revenues in 2018 and employs more than 400 employees, mainly in Germany, Hungary and China.

With joint teams of Japanese and German Deloitte Corporate Finance Advisory, Deloitte Legal and tax and financial experts, Deloitte advised Teijin Frontier Co., Ltd. through all phases of the transaction, until its successful completion.

Deloitte Corporate Finance Advisory: Japan: Kotaro Watanabe (Partner), Longwei Chen (Senior Analyst) | Germany: Claudius Thiell (Managing Director), Soichi Ota (Managing Director), Bastian Peters (Analyst)

Deloitte Legal: Germany, Partners: Andreas Jentgens (Corporate/M&A, Lead), Jörg Swoboda (Corporate/M&A, Co-Lead), Felix Skala (Antitrust), Bettina Mertgen (Customs and Trade) | Germany, Counsels/Associates Klaus Gresbrand, Nicolai Harbecke, Christian Aurich, Jana Hupfer (Corporate/M&A), Marco Engelmann, Susan Lange, Raffael Busch (Real Estate), Nathalie Nemecek, Daniela Wasseram (Employment & Pensions), Katharina Zickermann (Antitrust) | Japan: Ryota Sekine, Takashi Domon, Osamu Hamada, Yoshimasa Takagi (all Corporate/M&A, Tokyo)

Deloitte Tax: Germany: Olga Metcher (Director, M&A TAX/International Tax), Judith Müller (Manager. International Tax) | Japan: Tetsuro Oshiumi (Partner Global Tax Service, Tokyo), Mitsutoshi Sato (Senior Manager Global Tax Service, Tokyo), Takafumi Kawamoto (Senior Associate Global Tax Service, Tokyo)

Deloitte Transaction Services: Germany: Andreas Korten (Partner, TAS), Malte Stoever (Director, TAS,), Philipp Mennemeier (Manager, TAS) | Japan: Sosuke Nagayama (Partner M&A Transaction, Tokyo), Yozo Saito (Vice President M&A Transaction, Tokyo)

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