Loyens & Loeff has advised Mitsubishi and Nippon on their joint acquisition of a 30% stake in HERE Technologies
Loyens & Loeff has advised Mitsubishi Corporation (MC) and Nippon Telegraph and Telephone Corporation (NTT) on the joint acquisition of a 30% stake in HERE Technologies. The two Japanese companies have teamed up to invest in HERE via their newly established, jointly owned holding company COCO Tech Holding B.V.
HERE Technologies is a worldwide operating location data and technology platform that has a strong reputation as a provider of automotive grade maps and navigation software. HERE is based in the Netherlands and has been praised as a leader in automotive, industry vision and openness benchmark categories. HERE, being backed by leading automotive companies Audi, BMW and Daimler / Mercedes-Benz, has received additional investment from Bosch, Continental, Intel Capital, Pioneer and, following the transaction, MC and NTT.
Loyens & Loeff has advised MC and NTT as Dutch counsel on, inter alia, the terms of their collaboration, the establishment of COCO Tech Holding B.V. and the joint acquisition of a 30% stake in HERE Technologies. Loyens & Loeff has worked closely with Mayer Brown’s Tokyo office as MC and NTT’s lead counsel. HERE recently announced that its broadened shareholder structure supports the company’s ambitions to accelerate growth in new industries and markets and, with MC and NTT as new Japanese investors, it will have a springboard to further accelerate growth in the Asia Pacific region.
The Loyens & Loeff team consists of Tyshanti de Jonge, Ewout Stumphius, Pieter Schoenmakers (Corporate / M&A), Gerco van Eck, Casper Ooijevaar, Lars van Esveld (Corporate / Notary), Hans Rothuizen, Patrick van Oppen, Louis Lutz, Amit Havenaar (Tax) and Kim Koops (Banking & Finance).
Tyshanti de Jonge
Senior associate Attorney at lawTyshanti de Jonge, attorney at law, is a senior associate and member of the Corporate/M&A practice group in our Rotterdam office. She focuses on domestic and international M&A transaction, joint ventures and restructurings as well as general corporate and general contract law.
T: +31 10 224 63 51 M: +31 6 20 25 55 35 E: tyshanti.de.jonge@loyensloeff.com
Ewout J. Stumphius
Of CounselEwout J. Stumphius, of counsel, is a member of the Corporate Law practice group.
T: +31 10 224 66 07 / +852 3763 9300 M: +31 6 51 28 94 12 / +852 9858 0203 E: ewout.stumphius@loyensloeff.com
Pieter Schoenmakers
Associate Attorney at lawPieter Schoenmakers, attorney at law, is an associate in the Corporate Law practice group.
T: +31 10 224 64 32 M: +31 6 83 11 42 38 E: pieter.schoenmakers@loyensloeff.com
Gerco van Eck
Partner Civil law notaryGerco van Eck, civil law notary, is a member of the Corporate Law practice group.
T: +31 10 224 64 83 E: gerco.van.eck@loyensloeff.com
Casper Ooijevaar
Associate Deputy civil law notaryCasper Ooijevaar, deputy civil law notary, is a member of the Corporate practice group in our Rotterdam office.
T: + 31 102 24 67 95 E: casper.ooijevaar@loyensloeff.com
Hans Rothuizen
Senior associate Tax adviserHans Rothuizen, tax adviser, is a senior associate in the tax practice of Loyens & Loeff, where he is member of the investment management and real estate team.
T: +31 20 578 5153 M: +31 6 1057 0420 E: hans.rothuizen@loyensloeff.com
Patrick van Oppen
Partner Tax adviserPatrick van Oppen is a partner in Loyens & Loeff’s Corporate Tax Services practice group and a member of the Automotive Team, the Healthcare Team and the Asia-Pacific Region Team.
T: +31 20 578 51 33 E: patrick.van.oppen@loyensloeff.com
Louis Lutz
Partner Tax adviserLouis A. Lutz, tax adviser, is a member of the International tax practice group.
T: +31 20 578 54 45 E: louis.lutz@loyensloeff.com
Amit Havenaar
Senior Associate Tax adviserAmit Havenaar, tax adviser, is a member of the International Tax Services practice group and the Transactional Tax team.
T: +31 20 578 53 57 M: +31 653 54 88 24 E: amit.havenaar@loyensloeff.com
Tom Claassens
Partner Attorney at lawTom Claassens is a partner in Loyens & Loeff’s Litigation & Risk Management practice group.
T: +31 10 224 66 13 E: tom.claassens@loyensloeff.com
Melle Boevink
Senior Associate Attorney at lawMelle Boevink, attorney at law, is a member of the Litigation & Risk Management Practice Group in our Rotterdam office. He focuses on international arbitration.
T: +31 10 224 66 75 M: +31 6 53 37 72 12 E: melle.boevink@loyensloeff.com
Kim Koops
Partner Attorney at lawKim Koops, attorney-at-law, is a member of the Banking & Finance practice group.
T: +31 20 578 54 75 M: +31 6 10 89 46 88 E: kim.koops@loyensloeff.com
