Bird & Bird advises Mitsubishi Chemical Corporation on the acquisition of c-m-p

02-2020

International law firm Bird & Bird advises Mitsubishi Chemical Advanced Materials (MCAM), a leading global manufacturer of high-performance materials and a business division of Mitsubishi Chemical Corporation, Japan, on the acquisition of German c-m-p GmbH.

The parties have obtained merger control clearance and expect to complete the transaction within the next few weeks. 

c-m-p GmbH is a globally active and technologically leading company, which has specialised in the development and manufacturing of highest quality, customised prepregs (resin-coated carbon fabric) and textiles made of carbon and other high-performance fibers.

Following the acquisition, c-m-p can benefit from Mitsubishi Chemical's world-wide network of industry partners, customer relationships and technology developments, while bringing new technologies, specialised skills and market expertise into the group. Through the Mitsubishi Chemical network, new materials and applications will be further developed for the aviation industry, as well as automotive, sports equipment and utility services. With the acquisition of c-m-p, Mitsubishi Chemical will become capable of producing prepreg materials in Europe, in addition to Mitsubishi Chemical's capabilities in Asia and USA.

Mitsubishi Chemical Advanced Materials is a leading global manufacturer of high-performance materials in the form of semi-finished products and finished parts. The company has locations in 20 countries and more than 2800 employees. Its specialty engineering thermoplastics and composites are superior in performance to metals and other materials and are used in a wide range of applications, primarily in the capital goods industry. The company is continuously developing new areas of applications in close cooperation with industry leaders in a broad variety of customer markets. The Mitsubishi Chemical Advanced Materials Group is well prepared to further expand its market leadership position. 

The transaction was led by Bird & Bird's Düsseldorf Corporate/M&A partners Alfred Herda and Dr. Stefanie Orttmann, LL.M. and comprises the following team: Associate Christoph Meves (Corporate/M&A, Düsseldorf), Partner Dr. Anna Wolters-Höhne and Associate Lucas Brons (both Patents, Hamburg), Partner Dr. Catharina Klumpp, LL.M. and Associates Benjamin Karcher and Marnie Plehn (all Employment, Düsseldorf), Counsel Elie Kaufman, LL.M. and Associate Markus Stelzig (both Real Estate, Frankfurt), Partner Dr. Michael Jünemann and Associates Julia Froehder and Johannes Wirtz (all Finance, Frankfurt), Partner Guido Bormann and Associates Georg Bloch and Marcin Bartkowiak (all Foreign Trade, Düsseldorf), Partner Dr. Matthias Lang, and Associates Tobias Büscher and Anja Holtermann (all Regulatory, Düsseldorf), Counsel Dr. Stephan Waldheim and Associate Marcio Da Silva Lima (both EU & Competition, Düsseldorf), Partner Vojtech Chloupek (EU & Competition, Prague), Partner Lennart Schüssler, Counsel Lea Mackert, LL.M. and Associates Mehmet Baki Alacayir, Dr. Natallia Karniyevich and Oliver Schmidt-Prietz, LL.M. (all Commercial, Düsseldorf) as well as Partner Carsten Beisheim and Associate Juliane Dopychai (both Compliance, Düsseldorf).

The team acted in close cooperation with the Mitsubishi Chemical in-house legal and business teams.