Walor North America Expands with Acquisition of TSM Corporation
Deal News | Jul 03, 2025 | White & Case LLP
Global law firm White & Case LLP advised Walor North America, a Mutares portfolio company, on its acquisition of TSM Corporation from HCI Equity Partners and minority shareholders. The deal further cements Mutares' North American presence and aligns with FerrAl United's global strategic objectives. TSM Corporation specializes in producing complex steel and aluminium components for automotive OEMs and Tier 1 suppliers, enhancing Walor's capabilities and product offerings. The transaction demanded intricate legal, tax, environmental, and financial considerations, which were managed by White & Case's diverse team across multiple international locations.
Sectors
- Automotive
- Legal Services
- Private Equity
Geography
- North America – Walor North America is expanding its footprint in this geographical region through the acquisition of TSM Corporation.
- Global – White & Case LLP is a global law firm operating across multiple international locations, providing advisory services for this transaction.
Industry
- Automotive – TSM Corporation is involved in the production of components for the automotive industry, serving OEMs and Tier 1 suppliers.
- Legal Services – White & Case LLP, a global law firm, provided merger and acquisition advisory services for the transaction.
- Private Equity – Mutares SE & Co. KGaA is a private equity firm engaged in acquiring companies to expand its portfolio.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| White & Case LLP | Legal Advisor | Company | A global law firm providing legal advisory services in the acquisition of TSM Corporation. |
| Walor North America Inc. | Acquiring Company | Company | A Mutares portfolio company within FerrAl United, expanding its North American operations through acquisition. |
| TSM Corporation | Target Company | Company | A company specializing in producing automotive components, acquired by Walor North America. |
| Mutares SE & Co. KGaA | Parent Company | Company | A private equity firm that owns Walor North America, supporting its expansion. |
| HCI Equity Partners | Selling Company | Company | Previously owned TSM Corporation, which was sold to Walor North America. |