Herbert Smith Freehills Kramer advises Mitsubishi Heavy Industries on acquisition of AST Turbo AG

Leading global law firm Herbert Smith Freehills Kramer has advised Mitsubishi Heavy Industries Compressor Corporation, a part of Mitsubishi Heavy Industries (MHI) Group, on the acquisition of Switzerland's AST Turbo AG (AST).

MHI Group is one of the world’s pre-eminent industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defence.

AST maintains, inspects and provides field services for rotating equipment such as compressors and steam turbines that drive compressors in the resources and energy sectors, in Europe, North America, the Middle East and other regions. 

"We are delighted to have assisted longstanding client MHI on this transaction, another example of the strength of the firm's Japan-Europe investment corridor", said Asia Managing Partner Graeme Preston. 

Graeme led the team advising MHI, assisted by of counsel Elisa Hayashi and associate Eliza Joseph. 

Swiss law advice was provided by Walder Wyss, led by partner Urs Gnos and assisted by counsel Fabienne Anner.