Clifford Chance advises Musashi on the acquisition of all shares in Hay Group
A joint German and Japanese Clifford Chance team advised Musashi Seimitsu Industry Co., Ltd., Japan, on the acquisition of 100% of the shares in Hay Group.
The shares are sold by The Gores Group, a global investment firm, which had acquired the Bad Sobernheim, Germany, based forging and metal processing company Johann Hay GmbH & Co KG in 2012. The transaction is still subject to approval from the competition authorities and is expected to close by the end of June 2016.