Musashi Seimitsu Industry Co., Ltd. (TSE:7220) entered into a definitive agreement to acquire Hay Holding GmbH from Gores Hercules Holdings(Luxembourg)S.à.r.l. and others for approximately €360 million on May 9, 2016. Musashi Seimitsu will acquire 0.12 million Class A shares, 0.01 million Class B shares and 0.01 million Class C shares of Hay Holding GmbH along with the shareholder’s loan of Johann Hay GmbH. The acquisition will be funded through new short-term loan from domestic financial institutions. Hay Holding GmbH reported net assets of €34 million, total assets of €355 million, operating profit of €32 million, sales of €524 million and net income of €6 million for the year ended December 31, 2015. The transaction still requires the approval of the responsible antitrust authorities and is expected to close on June 30, 2016. Jörg Rhiel, Tatsuhiko Kamiyama, Masafumi Shikakura, Joachim Hasselbach, Carmen Büker, Ömer Cilingir, Felix Mühlhäuser, Marie-Theres Rämer, Stefan Simon, Jens Peter, Ayleen Hermann, Susanne Werry, Marc Besen, Florian Wiesner and Ulrich A. Pfeffer of Terry Fahn of Clifford Chance in Germany acted as legal advisors to Musashi Seimitsu Industry. Ralph Drebes, Matthew Devey, Michael Ehret, Daniel von Brevern, Jonas Hermann, managing associate, Thilo Carpenter, Fabian Schmitz, Simon Boepple, Mykyta Selivanov, Yue Qi, Anne Gaukstern, Marc Christ, Fabian Neumeier, Thilo Zimmermann and Enrique Areilza of Linklaters Oppenhoff & Rädler acted as legal advisors to Gores Hercules Holdings. Terry Fahn of Sitrick And Company acted as public relations advisor in the transaction. Martin Suter, Vikas Sehgal and George Galanopoulo of N M Rothschild & Sons Limited acted as financial advisor to Gores Group. Musashi Seimitsu Industry Co., Ltd. (TSE:7220) completed the acquisition of Hay Holding GmbH from Gores Hercules Holdings(Luxembourg)S.à.r.l. and others on June 30, 2016.