Deloitte advised Kasai Kogyo Co., Ltd. (“Kasai”) on the acquisition of the Roechling Automotive plant in Wolfsburg-Hattorf (“Wolfsburg-Hattorf plant”), Germany, a manufacturing plant of Roechling Germany SE & Co. KG (“Roechling”) providing plastic interior components for passenger vehicles.
About the transaction
The German Deloitte Corporate Finance Advisory team in Frankfurt am Main, led by Claudius Thiell and supported by Jan Morawietz, successfully advised Kasai on the acquisition of a Roechling Automotive plant in Wolfsburg-Hattorf, Germany. In addition to the Advisory work of the Corporate Finance Advisory Team, Deloitte also supported Kasai with a Carve-out Transaction Services team led by Marc Niemeyer, a Financial Due Diligence team by Stefan Goetzen and Volker Pfleger and a Deloitte Legal team by Andreas Jentgens in this acquisition. Deloitte’s industry expertise as well as its integrated service offering provided significant value-add to Kasai and ensured a smooth and efficient cross-border transaction within a short time frame.
The Wolfsburg-Hattorf plant has a total workforce of approx. 200 employees and provides plastic interior components for passenger vehicles. Key focus of the plant lies on door and side wall panels for established OEMs in Germany.
With the acquisition, Kasai continues its global growth strategy in Europe. Particularly, by expanding its product portfolio with an attractive manufacturing site, Kasai gains access to the European and German automotive markets, respectively.
About the client
Founded in 1946, Kasai is a successful business based in Japan with more than 8,800 employees worldwide. Operating as a publicly listed company on the first section of the Tokyo Stock Exchange, Kasai today is an established partner for the automotive industry standing for quality and partnership. Key product focus of Kasai lies on trim parts for automotive interior applications where the company is involved in the entire production process covering planning, development and manufacturing.
About Deloitte – Corporate Finance Advisory
As leading independent M&A advisors, we provide M&A deal execution and financial advisory services to large and mid-market corporations as well as to private equity firms globally. We offer financial advice and insight at every stage of a transaction – from consideration of strategic options to transaction execution, be it an IPO, acquisition or divestment, restructuring or fast track disposal. We pride ourselves in our independent advice to our clients.
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