International law firm Clifford Chance has advised Japan Bank for International Cooperation (JBIC) on the subscription of non-voting class shares in JX Metals Deutschland GmbH (JXMD), a wholly owned company of JX Nippon Mining & Metals Corporation, with amounting up to EUR 85.6 million.

JXMD was established with the purpose of acquiring all shares in H.C. Starck Tantalum and Niobium GmbH, one of the world's leading suppliers of Tantalum and Niobium products (high-purity metal powders), which are widely used in the Japanese electronics industry.

The Clifford Chance team advising JBIC led by Corporate partners Jörg Rhiel (Frankfurt) and Tatsuhiko Kamiyama (Tokyo) comprised counsel Werner Brickwedde (Düsseldorf), senior associate Yusuke Kobayashi (Tokyo) and associate Maria Luisa Köhler (Düsseldorf).

"We are honoured to have advised JBIC on this strategically important investment. This is a showcase to demonstrate our delivery of cross-border M&A transactions." Partner Tatsuhiko Kamiyama said.

Partner Jörg Rhiel added: "This transaction is another example of the continuous and strong interest in Germany by Japanese investors, who we are proud to advise on their acquisitions in Europe, especially Germany."