EQT Announces Tender Offer to Privatize Fujitec
08.01.25
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The Firm is representing EQT and BPEA Private Equity Fund IX (“EQT”) on regulatory matters in connection with its $2.7 billion tender offer to privatize Fujitec Co., Ltd., a leading Japanese manufacturer of elevators and escalators. Following the successful privatization of the company, EQT will own 85% of Fujitec with the founding family rolling over a 15% minority stake. The transaction is the largest sponsor-led take-private deal in Japan year-to-date and EQT’s largest buyout in Japan since establishing its Tokyo office in 2006.
The Simpson Thacher team includes Mark Skerry, Michael Kalinin, Liam Murray, Sara Razi, Nicolas Ingros, Max Fischer-Zernin, Josh Buckland and Sandeep Mahandru (Foreign Direct Investment and Antitrust).