Viasystems acquires DDi for $283 million
Clients Viasystems Group, Inc.
Jones Day advised Viasystems Group ("Viasystems") in its acquisition of DDi Corp. for $283 million, or $268 million net of DDi's cash plus debt assumed. With this acquisition, Viasystems combined its large, high volume footprint in China and North America with DDi's high mix, low volume footprint in North America to create a clear leader in the printed circuit board industry with global capabilities and scale. The transaction allows Viasystems to increase its market share in the technically demanding military and aerospace market and the growing industrial and instrumentation market while broadening its customer base.
In addition to M&A representation, Jones Day provided banking, capital markets, employee benefits, tax, energy, antitrust, and environmental law advice regarding this transaction.