We advised Advent International and the Carlyle Group
Advent International is one of the largest and most established private equity groups in the world. By drawing on deep industry knowledge, broad international resources and strong local presence, Advent International helps build market-leading businesses in Europe, North America, Latin America and Asia Pacific.
The Carlyle Group
The Carlyle Group is one of the world’s largest private equity firms, with more than $71.4 billion under management. With 54 funds across four investment disciplines (buyouts, venture & growth capital, real estate and leveraged finance), Carlyle combines global vision with local insight, relying on a top-flight team of more than 400 investment professionals operating out of offices in 19 countries.
H.C.Starck GmbH, Goslar, Germany
H.C. Starck GmbH is the world’s leading producer of specialty metals, advanced ceramics and electronic chemicals for a wide range of applications in high-growth markets such as electronics, chemicals, aerospace & defence, automotive, energy and medical equipment. H.C. Starck is known as one of the technology and innovation leaders in its industry.
Toda Kogyo Corporation, Hiroshima, Japan
Toda Kogyo is the leading manufacturer of iron oxide particles which are essential raw materials, or integral components of industrial and consumer products. The Company’s design concept optimally harnesses the chemical and physical properties of iron oxide particles for various applications and the experience gained from the manifold combinations of Toda Kogyo’s particle design elements is not only applied to iron oxides, but also to oxide materials for rechargeable batteries and numerous application areas of nanotechnology.
The business relationship between Toda Kogyo and H.C. Starck goes back to 2003 when both companies started a joint development of a new type of battery cathode materials. Since then, H.C. Starck has supplied Toda Kogyo with precursor materials from its Sarnia plant in Canada, which Toda Kogyo uses in the production of cathode material for the next generation of lithium-ion batteries. With this acquisition Toda not only avails itself of the only industrial scale production facility for spherical Nickelhydroxide (SNH) in the western world but also secures its ability to supply next generation Li-Ion battery chemicals from one source.
HSCie structured the transaction and the transaction object (Asset Deal), managed the entire communication process including due diligence examinations and Q&A sessions and conducted the negotiations with the buyer.
Transaction value: Not published
Industry: Industrial products
Business field: Mergers & Acquisitions