Cases & Deals

Anvis Group forms joint venture with Tokai Rubber Industries in Mexico to produce automotive anti-vibration rubber products

Client(s) H.I.G. Capital, LLC

Jones Day advised Anvis Group Mexico, SAPI de C.V., a subsidiary of H.I.G. Capital LLC, in the formation of a joint venture in Mexico with Tokai Rubber Industries, Ltd. to manufacture anti-vibration rubber products for the automotive industry. The joint venture, called Tokai Rubber de Mexico, S.A.P.I. de C.V. ("TRI Mexico"), located in Queretaro, Mexico, is an important step forward in strengthening TRI's position in the Mexican automotive industry, one of the most rapidly growing markets. TRI Group will acquire a 49% interest in Anvisgroup Mexico, SAPI de C.V., also located in Queretaro, Mexico, and Anvis Group will be a 51% shareholder of Anvisgroup Mexico.