Noerr advises AEQUITA on acquisition of TMD Friction from Japanese Nisshinbo Group

23.08.2023

With a team led by Christoph Thiermann, Noerr has advised AEQUITA SE & Co. KGaA on its acquisition of the TMD Friction Group. The seller is the Japanese parent company Nisshinbo Holdings Inc.

TMD Friction is a leading global supplier of high-quality brake friction solutions to the automotive and brake industries.  The Group employs more than 4,200 people worldwide with locations across Europe, the USA, Brazil, Mexico, China, and Japan. The acquirer AEQUITA is a Munich-based investment company, investing primarily in special situations including corporate carve-outs, successions, and recovery situations across Europe.

The closing of the transaction will take place after approval by the relevant authorities.

Noerr partner Christoph Thiermann regularly advises AEQUITA, most recently on its acquisition of the IFA Group and on its acquisition of the Electronic Interfaces business of ZF Friedrichshafen AG.

Advisors to AEQUITA SE & Co. KGaA: Noerr

Team Lead: Christoph Thiermann (Partner, Private Equity, Munich)

Private Equity/M&A: Thomas Schulz (Partner, London), Daniel Prexler (Senior Associate, Munich), Thomas Vogl (Associate, Munich), Jerzy Kapitanczuk (Associate, Warsaw)

Antitrust: Fabian Badtke (Partner, Frankfurt), Jens Peter Schmidt (Partner, Brussels), Lucie Maja Schultz (Associate, Frankfurt)

Employment & Pensions: Benjamin Jahn (Partner, Munich), Florian Lettmeier (Associate, Munich)

Finance: Michael Schuhmacher (Partner, Frankfurt), Gabriel Popa (Counsel, Bucharest)

Digital Business: Marvin Bartels (Senior Associate, Berlin)

IP: Katja Steinthaler (Senior Associate, Munich)

Real Estate: Henrik Dornscheidt (Associated Partner, Düsseldorf), Raphaël Hebecker (Senior Associate, London)

Regulatory: Hendrik Schlutt (Counsel, Berlin), Emilia Etz (Associate, Brüssel)