Houlihan Lokey Advises Panasonic Industry

Houlihan Lokey is pleased to announce that Panasonic Industry Co., Ltd., has entered into a share transfer agreement to divest its manufacturing subsidiaries in Germany and Slovakia, Panasonic Industrial Devices Europe and Panasonic Industrial Devices Slovakia, to Midas Atlantic Partners and The Najafi Companies.

Panasonic Industry, an operating company of Panasonic Group, is engaged in the development, manufacture, and sale of electrical and electronic components, control equipment, and electronic materials globally.

Panasonic Industrial Devices Europe and Panasonic Industrial Devices Slovakia operate battery disconnect unit, high-voltage automotive DC-DC converter, industrial power device, and wireless module businesses, serving customers across the European automotive and industrial sectors from their manufacturing bases in Germany and Slovakia.

Midas Atlantic Partners is an investment firm focused on global corporate carve-outs and special situations, while The Najafi Companies is an international private investment firm known for long-term investments using its own capital and serves as a key investment partner of Midas Atlantic Partners.

As part of its portfolio transformation, Panasonic Industry has decided to transfer the businesses to Midas Atlantic Partners and The Najafi Companies, which bring long-term commitment and a strong financial foundation. The businesses will be operated independently by Midas Atlantic Partners in partnership with The Najafi Companies, supplying existing customers while pursuing sustained growth and further contributions to a comfortable and convenient society.

Houlihan Lokey served as the exclusive sellside financial advisor to Panasonic Industry and assisted in initiating, structuring, and negotiating the transaction on its behalf. This transaction further enhances the team’s extensive industrials track record and showcases the firm’s ability to combine deep sector expertise with global M&A execution.

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