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Closing: Yokohama Acquisition of Trelleborg Wheel Systems Now Closed

Closing: Yokohama Acquisition of Trelleborg Wheel Systems Now Closed

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On May 24, 2023, PRK Partners announced that Yokohama Rubber’s acquisition of Trelleborg Wheel Systems (reported by CEE Legal Matters on April 13, 2022) had closed.

According to PRK Partners, Yokohama Rubber has acquired the entire wheel systems business of Sweden-listed Trelleborg for an enterprise value of over EUR 2 billion.

Yokohama Rubber is a tire manufacturing company based in Japan. Trelleborg Wheel Systems is engaged in the manufacture and sale of off-highway tires for agricultural and forestry machines, material handling, construction vehicles, motorcycles, and other specialty segments. 

As previously reported, BDK Advokati and PRK Partners, working with Freshfields, had advised Yokohama on the acquisition of Trelleborg Wheel Systems Holding from Sweden's Trelleborg AB.

PRK Partners' updated team included Partners Radan Kubr and Jaroslav Skubal and Senior Associate Katerina Hajkova.

The BDK Advokati team included Partner Milan Dakic and Senior Associates Djordje Zejak and Marija Gligorevic.

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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