AEQUITA SE & Co KGaA agreed to acquire TMD Friction Group S.A. from Nisshinbo Holdings Inc. (TSE:3105) on August 22, 2023. TMD Friction Group had total assets of ?505 million and operating profit of ?42 million. The Transaction is subject to the completion of customary authorization procedures in accordance with domestic and foreign competition laws and other relevant legal imperatives.

Michael Burian, Alexandra Brücher, Torsten Spiegel, Ivana Robitzsch, Bosede Staudenmayer, Sonja Hilgert, Anselm Christiansen, Sumiko Sato, Simon Wegmann, Christian von Köckritz, Kristina Winkelmann, Lena Baumann, Jacob von Andreae, Matthias Hahn, Christoph Schoppe, Xiao Chen, Katja Lehr, Jan-Alexander Lange, Marcel Beck, Rut Steinhauser, Josefine Chakrabarti, Ocka Stumm, Hendrik Marchal, Johannes Heck, Hannah Bug, Christine Geraats, Christopher Noll, Alexander Nagel, Florian Kienast, Simon Wagner and Lesley Milde of Gleiss Lutz has advised Nisshinbo Holdings on the transaction. Christoph Thiermann, Christoph Thiermann, Fabian Badtke, Jens Peter Schmidt, Benjamin Jahn, Michael Schuhmacher, Gabriel Popa, Henrik Dornscheidt and Hendrik Schlutt of Noerr has advised AEQUITA SE & Co. KGaA on its acquisition of the TMD Friction Group.