Closing is expected in the second half of 2022, pending regulatory approval.
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. According to BDK Advokati, the enterprise value of Trelleborg Wheel Systems Holding is over EUR 2 billion.
The BDK Advokati team included Partner Milan Dakic and Senior Associates Djordje Zejak and Marija Gligorevic.
PRK Partners' team included Partner Radan Kubr and Senior Associate Katerina Hajkova.
The firms could not provide additional information on the matter.
Editor's Note: On May 24, 2023, PRK Partners announced that the transaction had closed successfully.