IFLR1000

NEC DKr8 billion acquisition of KMD

28/12/2018
Private acquisition
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DKr 8 billion

$ 868.356 million

Announced

28/12/2018

Overview:

  • Japanese technology group NEC has agreed to acquire Danish IT company KMD, from private equity firm Advent International and the Danish pension fund Sampension, for DKr8 billion.

Prin Shasiharan - Researcher

Jurisdictions:

Japan
Denmark
United Kingdom

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Technology and telecommunications

Firms:
DLA Piper

Party: NEC Corporation (Acquirer)

Lawyers: Jens Krogh Petersen, John Gallon, Lance Miller, Nicholas Lerche-Gredal

Gorrissen Federspiel

Party: Advent International (Seller)

Party: KMD (Target)

Weil Gotshal & Manges

Party: Advent International (Seller)

Lawyer: Jonathan Wood

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