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 advises Sports Entertainment Group on capital raising and acquisition of MediaWorks
Multinational law firm Pinsent Masons has advised Australian multi-content and entertainment business Sports Entertainment Group Limited (ASX: SEG) on a capital raising to help fund the acquisition of MediaWorks Topco Limited, New Zealand’s largest audio business and third largest advertising platform across all media, as well as on all Australian aspects of the acquisition, including associated ASX regulatory requirements.
Pinsent Masons announces FY26 results
Multinational law firm Pinsent Masons has today announced its unaudited financial results for the year ending 30 April 2026. The firm has generated a revenue increase of 3.3% to £703m. Profit per equity partner is £740k.
Pinsent Masons advises MJM Group on another M&A transaction in the Polish insurance sector
Multinational law firm Pinsent Masons has advised MJM Group, one of the leading brokerage groups in the insurance and reinsurance market, on the acquisition of a 100% stake in Certo Broker and XILIUM. Certo Broker specialises in the distribution of group and health insurance products, while XILIUM provides a digital platform for the administration of group life insurance programmes and health insurance policies.
People who viewed this press release also viewed
Show me all press releasesPinsent 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.
Pinsent Masons advises Sammons Enterprises on the disposal of Briggs Equipment
Multinational law firm Pinsent Masons has advised Sammons Enterprises on the disposal of materials handling equipment provider Briggs Equipment UK to pension capital firm IFM Investors. After receiving the required regulatory clearances, the deal formally completed on 2 June.
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]