Leading global law firm Herbert Smith Freehills Kramer has advised Marubeni Corporation on the acquisition of Swiss and Austrian machine tool distributor TOLUS Group AG.
Marubeni is a Japanese trading and investment firm, engaged in a broad range of global business activities including infrastructure, energy, metals and mineral resources, chemicals, and food.
TOLUS Group AG sells and maintains high-precision machine tools, peripheral equipment and automation systems in Switzerland and Austria for the manufacture of products in the luxury watches and jewellery, medical technology, and industrial technology markets.
“We are delighted to have assisted longstanding client Marubeni on this strategically significant acquisition in the European machine tool sector, another example of the firm’s ability to support our Japanese clients in their most important global markets,” said Asia Managing Partner Graeme Preston.
Graeme led the team advising Marubeni, assisted by senior associates Ryu Long and Eliza Joseph, and trainee Andrzej Fanner Brzezina.
Swiss law advice was provided by Schellenberg Wittmer and Austrian law advice was provided by Schoenherr.
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