NCTM and Pavia e Ansaldo in the purchase of Delta Tech by Toray Industries, INC

Milan, 1 October 2015 – NCTM represented the sellers in the sale of a 55% stake in Delta Tech S.p.A. to Toray Industries Inc, represented by Pavia e Ansaldo.

Delta Tech, founded in 1999, develops and produces, also through its subsidiary Delta Preg, pre-preg products based on carbon fiber for automotive and other industrial sectors.

The buyer, Toray, a Japanese company listed on the Tokyo Stock Exchange, is worldwide leader in the fields of organic synthetic chemistry, polymer chemistry and biochemistry, and the world’s largest supplier in the carbon fiber composites industry.

The NCTM team was coordinated by partner Piero Corigliano and associate Marzia Manente, as to legal matters, and included partner Paolo Agnesi and associate Giuseppe Carucci on tax and financial matters.

Toray Industries, Inc. was represented by Pavia e Ansaldo with a team staffed by Adriano Villa (head of its Japanese Desk), Christian Caserini and Guido Broglio, with associates Luca Montolivo and Naoko Konishi.