Pinsent Masons has advised Tokai Carbon on the sale of its German subsidiary TOKAI ERFTCARBON GmbH
01 Jul 2025 | 08:30 am | 1 min. read
Multinational law firm Pinsent Masons has advised Tokai Carbon Co., Ltd. (“Tokai Carbon”) on the sale of its German subsidiary TOKAI ERFTCARBON GmbH (“TEG”), to Lenbach Equity Opportunities III. GmbH & Co. KG, which is exclusively advised by DUBAG Investment Advisory GmbH (“DUBAG”).
Tokai Carbon is a Tokyo-based manufacturer of high-quality carbon and graphite products in a wide range of industries, including the iron and steel, aluminum, automotive, machinery, metallurgy, and electronics industries. The company is listed on the first section of the Tokyo Stock Exchange and is a constituent of the Nikkei 225 stock index.
TEG is one of the leading European manufacturers of large-format graphite electrodes for electric steelmaking with a company history of more than 100 years. The company based in Grevenbroich (Germany) with approximately 200 employees and reported net sales of EUR 72.6m (approximately USD 81.6m or JPY 11.8bn). TEG had been acquired by Tokai Carbon in 2005 and has been a part of the tri-polar structure of their electrode business in Japan, the United States, and Europe.
DUBAG is an investment company headquartered in Munich (Germany) and has strengths in investing in carved-out companies and companies requiring business improvement. DUBAG’s current portfolio comprises seven companies with a total turnover of more than EUR 700 million across different industries in ten countries.
The transaction was run jointly with Japanese law firm Hibiya-Nakata with corporate partner Takanari Sekiguchi and his team advising on Japanese law elements and facilitating the alignment with the client’s senior management.
Advisors seller: Pinsent Masons
Ronald Meißner, LL.M. (Lead, Partner, Corporate/M&A, Frankfurt), Maximilian Liebern, Tobias van Beuningen (Associates, Corporate/M&A, Frankfurt), Dr. Florian Anselm (Legal Director, Corporate/M&A, Munich), Dr. Attila Bangha-Szabo (Partner, Restructuring & Insolvency, Munich), Mark Leonard (Partner, Finance & Restructuring, Munich), Werner Geißelmeier (Consultant, Tax, Munich), Dr. Fabian Klein (Legal, Director, IP/IT, Frankfurt), Dr. Michael Reich (Partner, Competition, Munich), Julia Stubert (Legal Director, Real Estate, Munich) as well as Dr. Joël Hofmann (Legal Director, Employment, Munich).
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons appoints contractor-side infrastructure specialist as partner in Sydney
Multinational law firm Pinsent Masons has appointed Jonathan Stafford as a partner in its Sydney office, further strengthening its energy and infrastructure projects capability across Australia and the Asia Pacific region.
Pinsent Masons supports SGE on joint venture project for the development of small modular reactors
Multinational law firm Pinsent Masons has advised SGE on entering into a shareholders’ agreement with ZE PAK concerning the establishment of PAK BWRX. The company’s purpose will be to develop and operate six reactors using BWRX-300 technology, with a combined capacity of 1.8 GW.
Pinsent Masons achieves highest number of Legal 500 UK rankings
Multinational law firm Pinsent Masons has once again topped the Legal 500 UK rankings, securing both the highest number of overall rankings and the most Tier One rankings.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons advises SERT on transformational internalisation
Multinational law firm Pinsent Masons has advised Stoneweg Europe Stapled Trust (SERT) on its proposed aggregate c.€122 million acquisition of Stoneweg's pan-European investment management platform, a transformational transaction that will establish SERT as a fully integrated real estate owner, operator and investment manager with approximately €3.2 billion of assets under management.
Pinsent Masons advises FTI Consulting on sale of CX Lavender key client business to Omnicom Oceania
Multinational law firm Pinsent Masons has advised FTI Consulting, in its capacity as administrators of the CX Lavender group, on the sale of the company's key client-related business and associated workforce to Omnicom Oceania via its subsidiary, Clemenger BBDO Pty Ltd. The transaction completed in Q2 2026.
Pinsent Masons advises Horizon 3 Healthcare on investment in Xeltis
Multinational law firm Pinsent Masons has advised Horizon 3 Healthcare as lead investor in an additional €20.5 million funding round for Xeltis, a clinical-stage medtech company developing transformative implantable medical devices.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]