Teijin Sells TAT-NA to Aurelius in Strategic Shift
Deal News | Apr 03, 2025 | Legal Community Germany
In a significant strategic move, Aurelius, a globally active private equity investor noted for its operational approach, has completed the acquisition of Teijin Automotive Technologies North America (TAT-NA). The acquisition was handled by Baker McKenzie, with a team led by Jakub Lorys, focusing on all legal aspects of the transaction. While financial specifics remain undisclosed, the deal marks the first transaction of Aurelius' newly established New York office, indicating a continued expansion focus within North America. TAT-NA, based in Auburn Hills, Michigan, is a leading provider of advanced composite technologies for several transportation sectors, generating over USD 1 billion in annual revenues with 14 locations across the U.S. and Mexico. The acquisition comes as part of Aurelius' strategy to leverage TAT-NA's vertically integrated operating model and solidify existing OEM relations across North America. This deal exemplifies Aurelius' strategy of expanding their portfolio with value-driven opportunities, supported by well-established players in the field.
Sectors
- Private Equity
- Automotive and Transportation
- Legal Advisory
Geography
- United States – TAT-NA is headquartered in Auburn Hills, Michigan, with a strong operational presence across the U.S.
- Germany – Aurelius, the acquiring private equity firm, is globally active but has notable roots and operational prowess in Europe, particularly Germany.
- Japan – Teijin Limited, the parent company of the sold entity, TAT-NA, is based in Japan.
Industry
- Private Equity – Aurelius is a private equity firm focused on acquiring companies and enhancing their performance, as evidenced by their acquisition of TAT-NA.
- Automotive and Transportation – TAT-NA specializes in producing advanced composite components for the automotive and transportation industries, making this industry classification relevant.
- Legal Advisory – Baker McKenzie provided legal advisory services for the acquisition, representing the legal aspect of M&A transactions in this sector.
Financials
- Not disclosed – The financial terms of the acquisition between Aurelius and Teijin for TAT-NA have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Aurelius | Bidding Company | Company | Aurelius is a globally active private equity investor known for its operational approach, focusing on Private Equity, Private Debt, and Real Estate sectors. |
| Teijin Limited | Selling Company | Company | Teijin Limited is a Japanese company, and the prior parent of Teijin Automotive Technologies North America. |
| Teijin Automotive Technologies North America (TAT-NA) | Target Company | Company | TAT-NA provides advanced composite technologies for automotive and transportation sectors and is headquartered in Auburn Hills, Michigan. |
| Baker McKenzie | Legal Advisor | Company | Baker McKenzie provided legal advisory services to Aurelius for this transaction. |
| Jakub Lorys | Legal Advisor | Person | Jakub Lorys is a Private Equity/M&A Partner at Baker McKenzie in Munich, leading the legal team advising Aurelius. |