M.M. Dillon & Co. (“Dillon”) was engaged to act as financial advisor to Takata Corporation (“Takata” or the “Company”) in connection with a possible acquisition of the automotive safety products division of a Tier 1 auto supplier. Dillon assisted Takata in identifying the target assets, valuing the target and negotiating with the seller on price and terms. The target ultimately decided to retain the assets after completing a strategic review
About Takata Corp:
Takata manufactures and markets automotive safety systems and products. The Company offers seat belts, such as driver seat belts, passenger seat belts, rear seat belts, motorized seat belts, and seat belts with pretensioners; airbag systems, including driver airbags, passenger airbags, knee airbags, side airbags, curtain airbags, and pedestrian head protection airbags; and other products comprising steering wheels, interior trim, and child seats, as well as electronic devices consisting of satellite sensors, electronic control units, seat weight sensors, and other safety electronics. Takata sells its products in Japan, the Americas, Europe and Asia. Takata has approximately 35,000 employees worldwide and 46 manufacturing plants in 16 countries.
About M.M. Dillon & Co.
M.M. Dillon & Co. (formerly CRT Investment Banking LLC) is an employee owned partnership where industry and product specialists collaborate closely to provide creative, idea-driven advice and solutions to its institutional and corporate clients. M.M. Dillon offers public and private financing, M&A advisory and restructuring advisory services. M.M. Dillon’s team of experienced professionals provides execution capabilities for companies across a range of industry sectors. The firm’s senior banking professionals have a minimum of 20 years of experience with major Wall Street firms.