Tokai Rubber Industries Ltd. (TSE:5191) agreed to acquire Anvis Group GmbH from H.I.G. Europe and Olaf Hahn for approximately €130 million on January 25, 2013. H.I.G. will sell 90% stake in the transaction while the remaining 10% stake will be sold by Olaf Hahn. Anvis Group GmbH had net assets of €14.84 million, total assets of €139.65 million, sales of €305.13 million, operating profit of €5.4 million and net loss of €0.95 million for the year ending December 2011. The share purchase agreement is scheduled to be signed on January 28, 2013. The closing of the transaction is conditional upon merger control clearance. The transaction was resolved by the Board of Directors of Tokai Rubber Industries Ltd. on January 25, 2013. The deal is expected to be closed in the first quarter of 2013.

Tokai Rubber Industries Ltd. (TSE:5191) signed a definitive agreement to acquire Anvis Group GmbH from H.I.G. Europe and Olaf Hahn on January 28, 2013. As on May 24, 2013, the transaction was approved by the antitrust authorities.

Lazard acted as financial advisor for H.I.G. Bnp Paribas Securities (Japan) Limited acted as financial advisor for Tokai Rubber. Hartmut Krause, Hartmut Krause, Alexander Wüpper, Mario Schollmeyer, Asmus Mihm, Andreas Fertig, Hans-Peter Löw, André Zimmermann, Johanna Gerstung, Bettina Enderle, Stefanie Waibel, Andreas Ziegler, Jens Matthes, Miray Kavruk, Walter Uebelhoer, Ilja Baudisch, Jürgen Schindler, Daisy Walzel, Jean-Patrice Labautiere, Deborah Gelblat, Antoine Chatry, Arthur Sauzay, Sabine Smith-Vidal, Christophe Marie, Norbert Thomas, Jan Myska, Mihai Ristici, Radu Diaconu, Laurentiu Tisescu, Dmitry Bazin and Ji Zou of Allen & Overy LLP acted as legal advisors for Tokai Rubber Industries. In Japan, Allen & Overy cooperated with the law firm Hibiya-Nakata. Markus Althoff of White & Case acted as legal advisor for H.I.G.

Tokai Rubber Industries Ltd. (TSE:5191) completed the acquisition of Anvis Group GmbH from H.I.G. Europe and Olaf Hahn for approximately €140 million on May 28, 2013.