Cases & Deals

RHJ International sells its 77.9% ownership of Niles Co. to Valeo for ¥15.4 billion (€135 million)

Clients RHJ International SA

Jones Day advised RHJ International SA in its sale of its 77.9% interest in Niles Co., Ltd., a Japanese auto parts manufacturer, to Valeo SA, a worldwide leader in the interior controls market, for a total cash consideration of ¥15.4 billion (€135 million). Nissan sold its minority ownership interest in Niles to Valeo as part of the same transaction. The transaction values Niles at a total enterprise value of ¥36 billion (€313 million). The sale reflects a further step in RHJI's transformation from an industrial holding company into a dynamic financial services group.

In addition to M&A representation, Jones Day provided banking, tax, antitrust, business restructuring and reorganization, international litigation and arbitration, intellectual property, labor and employment, environmental, real estate, and trial practice advice regarding this transaction.

We use cookies to deliver our online services. Details of the cookies and other tracking technologies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you consent to our use of cookies.