The international law firm Milbank LLP has advised the H.C. Starck Group in connection with the sale of its division Tantalum & Niobium Powders to JX Nippon Mining & Metals Corporation (Japan). The latter is a subsidiary of JXTG Holdings, Inc., which is listed in Japan. H.C. Starck Tantalum and Niobium GmbH converts metal ores and secondary materials into high-performance tantalum and niobium based powders. It has subsidiaries and operates production facilities in Germany, Japan and Thailand. The H.C. Starck Group is part of the portfolio of the private equity investors Advent International and The Carlyle Group.
Milbank also advised H.C. Starck on the sale of its Surface Technology & Ceramic Powders Division (STC) to Swedish Höganäs AB in December.
The closing of the sale of the Tantalum & Niobium Division to the JXTG Group is still subject to the approval of the relevant authorities.
A Milbank team led by Norbert Rieger and Andrea Eggenstein advised H.C. Starck on the transaction on corporate, tax and competition law.
Advisor to H.C. Starck: Milbank, Tweed, Hadley & McCloy LLP
Norbert Rieger (Corporate/M&A, Munich), Andrea Eggenstein (joint lead, Corporate/M&A, Frankfurt), Rolf Füger, Matthias Schell (both Tax, Munich), Alexander Rinne (Competition, Munich), Leopold Riedl (Corporate/M&A, Frankfurt), Jörg Schrade (Tax, Munich), Vanessa van Weelden (Competition, Munich), Pascal Haerdtner (Corporate/M&A, Munich), Katja Lehr (Finance, Frankfurt)
