In August 2018, Teijin Limited ("Teijin") with head offices in Tokyo and Osaka acquired Inapal Plásticos ("Inapal"), a tier one supplier of lightweight composites components for the automotive and truck industries, from ECS Capital. Inapal is headquartered in Leça do Balio, Porto, Portugal.
Duff & Phelps served as lead M&A buy side advisor to Teijin in connection with the transaction.
The acquisition of Inapal is a further important strategic milestone for the global expansion of Teijin's Composites business worldwide and in particular the group's European automotive activities. Inapal complements Teijin's U.S. subsidiary, Continental Structural Plastics ("CSP"), with its European facility in Pouancé, France. The company now has the ability to serve customers in most major regions of the world, including North America, Europe and Asia, and has established business with every major global automotive OEM.
“We believe the synergies between Teijin Group and Inapal are significant," said Akio Nakaishi, General Manager and Head of Teijin’s Composites Business Unit. “The acquisition of Inapal enables Teijin Group to deliver on our promise to stakeholders to expand our technologies globally, including in Europe and to continue to grow as a supplier of multi-material components.”
Teijin is a technology-driven global group offering advanced solutions in the areas of environmental value; safety, security and disaster mitigation; and demographic change and increased health consciousness. Its main fields of operation are high-performance fibers such as aramid, carbon fibers & composites, healthcare, films, resin & plastic processing, polyester fibers, products converting and IT. The group has some 170 companies and around 19,000 employees spread out over 20 countries worldwide. It posted consolidated sales of JPY 835 billion (USD 7.6 billion) and total assets of JPY 986 billion (USD 9 billion) in the fiscal year ending March 31, 2018.
About Continental Structural Plastics
Continental Structural Plastics, a Teijin Group company, has provided leading-edge technologies in lightweight materials and composite solutions for the automotive, heavy truck, HVAC and construction industries for more than 40 years. Headquartered in Auburn Hills, Michigan, CSP provides full-service engineering support, and holds multiple patents covering materials development and manufacturing processes in composite materials formulation, design and manufacturing technologies. The company has operations on three continents and more than 3,900 employees.
Inapal, headquartered in Leça do Balio, Porto, Portugal, is a tier one supplier of composites components to the automotive and heavy truck industries. The company's capabilities include Class A body panels, structural and underbody components using a variety of materials and processes, including sheet molding compound (SMC), carbon fiber SMC, pre-preg compression molding (PCM), direct long fiber thermoplastic (D-LFT) and granulate long fiber thermoplastic (G-LFT). The company has two manufacturing locations in Portugal serving a variety of European OEM customers including Jaguar, Land Rover, BMW, Mercedes, Volkswagen and Bentley. In addition to its automotive and heavy truck business, Inapal also supplies components to the heating and cooling industry, as well as passenger seating components to the bus and rail industries.
Comprehensive support throughout mergers and acquisitions and other corporate transactions.
Middle-market M&A advisory differentiated by industry expertise and superior deal execution.
Industrials expertise for middle-market M&A transactions.
Transaction Advisory Services
Seamless analytical advisory through the deal continuum, from transaction origination to closing.
Financial Sponsors Group
Dedicated coverage and access to M&A deal-flow for financial sponsors.
Distressed M&A and Special Situations
Financial and operational solutions for distressed and special situations.
Private Capital Markets
Senior, subordinated and mezzanine debt and venture/private equity for a wide range of transactions.
forms financial services partnership with
Sale of 29.3% stake in
a portfolio company of
has been acquired by
has signed a definitive merger agreement to be acquired by
has been acquired by
Application Portal Reopens for Aviation Manufacturing Jobs Protection Program Grants
Canadian M&A Insights – Summer 2021
Healthcare Services Sector Update – June 2021
Food and Beverage M&A Landscape – Summer 2021
Lack of Standardized ESG Reporting System Biggest Threat to Effective ESG Disclosures
Stefanie Perrella Appointed Global Head of Transfer Pricing at Duff & Phelps, A Kroll Business
Brand Power, Endorsement Potential are Primary Drivers of Professional Golfers’ Future Career Value, Duff & Phelps Study Finds
Duff & Phelps Expands UK Transaction Advisory Services Practice with Appointment of Atul Agarwal as Managing Director
Do Alternative Asset “Fair Value” Measurements Differ in Asia Compared to the Rest of the World and Why Do LP’s Care?