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16 April 20191 minute read

DLA Piper advises OMRON in US$893 million sale of automotive electronics division to Nidec

DLA Piper is representing OMRON Corp. in the ¥100 billion (US$893 million) sale of its automotive electronics division, OMRON Automotive Electronics Co. Ltd., to Nidec Corp., headquartered in Kyoto, Japan.

OMRON Automotive Electronics engages in research and development, manufacturing and sales of automotive electronics products as a subsidiary of OMRON Group. The acquisition, which is expected to close in October, will allow Nidec to provide a full spectrum of sensors required for autonomous driving in the future.

The DLA Piper team representing OMRON is led by partner Andrew Weil (Chicago) with of counsel Sameer Ghaznavi (Chicago) and associates Kyle Stearns and Alasdair Whitney (both of Chicago); and also includes partners Richard Ashley, Tom Geraghty (both of Chicago) and Paolo Morante (New York); and associate Christine Daya (Washington, DC).