Affirma Capital Managers Korea Limited: Acquisition of Shares of JTC Inc.
Nishimura & Asahi advised Affirma Capital Managers Korea Limited, a Korean private equity firm, on its acquisition of 40.33% of the shares of JTC Inc. [KRX:A950170], an operator of duty-free stores. This new acquisition increased Affirma Capital’s existing 29.16% shareholding to a total of 69.48%.
The team was led by partners Mitsuhiro Harada, Sakka Kobayashi, and Won Yoon, with support from associates Yuta Isshiki and Jaewook Kim.
People
Sakka’s practice covers private and public M&A transactions, cross-border deals, and day-to-day commercial business. She also has wide-ranging experience representing companies in defending against hostile takeovers. She was seconded to one of the biggest telecommunication company in Japan, working as a Manager in the Corporate Strategy Planning Division. During the secondment, she was put in charge of M&A involving many domestic and cross-border transactions from business and legal standpoints. She acquired qualification as an attorney in New York and Texas during her secondment to an American firm. Leveraging experience in the M&A division of the telecommunication company and an American firm, she focuses on providing strategic legal support in various sectors, including M&A (Inbound/Outbound) and business alliances. Sakka provides tailored legal services in a timely and flexible manner, and plays a leading role in various complex transactions.
Based on hands-on experience at leading law firms in Korea and a deep understanding of both Japanese and Korean cultures and practices, Won Yoon advises clients on cross-border matters between Japan and Korea, including M&A, commercial transactions, and litigation. The main focus of his practice includes advising Korean companies on inbound investments and doing business in Japan, while he has a wealth of experience in advising Japanese companies on legal issues in their Korea-related business.
Since joining the firm, Mitsuhiro Harada has been actively involved in Mergers & Acquisitions and has represented Japanese or non-Japanese buyers or sellers in numerous cross-border transactions in varied industries, including stock and asset acquisitions, private equity and venture capital investments, joint ventures and strategic alliances. He has recently become deeply engaged in international transactions, particularly in assisting Japanese companies with expanding into East and South East Asian markets. In addition, he has provided a broad range of legal services in the field of general corporate matters, including corporate governance issues and civil or commercial disputes.