Hogan Lovells represented Motherson on its agreement with Honda Motors to acquire an 81 percent stake in Yachiyo Industry

Hogan Lovells represented Motherson on its agreement with Honda Motors to acquire an 81 percent stake in Yachiyo Industry

Hogan Lovells, a renowned global law firm, provided advisory services to Samvardhana Motherson International Limited ("Motherson") in their recent agreement. Motherson, through its subsidiary SAHN BV, signed an agreement to acquire an 81 per cent stake in Yachiyo Industry Co., Ltd. This TSE-listed subsidiary of Honda Motors Co., Ltd. specialises in manufacturing value-added and next-generation automotive products, including sunroofs, fuel tanks, and various plastic automotive components.

Upon completion, the transaction will establish a strategic partnership between Motherson and Honda Motors, with an 81:19 ownership structure. Together, both partners aim to steer Yachiyo towards a robust and sustainable future, leveraging their combined expertise and resources.

The advisory team from Hogan Lovells, based in their Tokyo office, played a crucial role in assisting Motherson. Leading the team were Corporate partners Jacky Scanlan-Dyas and Wataru Kamoto, with significant support provided by counsel Viet Nguyen. Tokyo-based senior associates Jumpei Seto and Kyal Hill, as well as associates Ray Dunn, Jordan Bird, Yasuyuki Shirabe, and Reina Goto, provided additional assistance on corporate matters. Partner Hiroto Imai, also based in the Tokyo office, provided expertise on intellectual property aspects related to the transaction.

Global support on corporate matters was provided from Mexico City by partner Carlos Ramos Miranda; from São Paulo by partner Isabela Carvalho; from Beijing by partner Lu Zhou; and from Jakarta by partner Mochamad Kasmali, respectively.

Paris partner Eric Paroche provided support concerning competition law-related matters.

Hogan Lovells collaborated closely with MUFG Bank, Ltd., who acted as financial advisors to Motherson throughout the transaction.

“We are proud to be representing Motherson on this landmark transaction for the company and its emerging global partnership with Honda Motors. The complex, global nature of the deal aligns perfectly with our global platform and our Tier 1 M&A team in Japan. It also highlights the strengths of our sector-based approach to client service,” Jacky Scanlan-Dyas stated.