Baker McKenzie advises Sumitomo on share transfer

Baker McKenzie has advised Sumitomo Rubber Industries, on the share transfer of Lonstroff. The company is a subsidiary for the manufacture and sale of rubber parts for medical applications. Sumitomo Rubber Industries concluded an agreement to assign all shares it holds in LAG to NCM Investments VII B.V, which is a subsidiary of private equity fund Nimbus Investment Fund V Coöperatief U.A. operated by Nimbus, an investment fund company headquartered in the Netherlands.

Sumitomo Rubber Industries acquired LAG in 2015 and strived to improve productivity and product quality in Japan and Europe in a unified way. However, the company believes that further business growth for LAG will be achieved under the new shareholder.

Baker McKenzie advised Sumitomo Rubber Industries on all legal aspects of the transaction. The team was led by M&A partner Manuel Meyer (pictured) and consisted of Cathrin Marxer (senior associate, M&A), Jasmin Voegtli (associate, M&A), Christophe Reitze (associate, Corporate), Andrea Puricelli (associate, Corporate), Kiara Sharifi (associate, Corporate), Andrea Bolliger (counsel, Tax), Christoph Stutz (partner, Employment & Compensation), Roger Thomi (partner, Merger Control), Julia Schieber (partner, IP), Sandra Marmy (associate, IP), Nadine Charriere (associate, IP), Nicole Schön (associate, Data Protection), Kaspar Projer (associate, Commercial) and Michael Zeller (associate, Real Estate).