Covington Represents Shibaura Machine in Acquisition of Nanotech

LOS ANGELES—Covington advised Shibaura Machine Co., Ltd. in its entry into a definitive agreement for the acquisition of the equity interests of Moore Nanotechnology Systems, LLC. The closing of the acquisition is subject to obtaining the requisite regulatory approvals.

Shibaura Machine is a Japan-based publicly traded industrial machine manufacturer founded in 1938 and is a well-known and respected leader in the precision-technology space, with a deep commitment to culture, innovation, and quality.

Nanotech was founded in Keene, New Hampshire in 1997 as a stand-alone subsidiary of the Moore Tool Company. They are a global leader in the design, development, and manufacture of state-of-the-art ultra-precision machine tools and associated processes (single point diamond turning, micro-milling, micro-grinding and glass press molding) for the production of advanced optical components in consumer electronics, defense, aerospace, lighting, medical, and automotive sectors.

The Covington deal team representing Shibaura Machine was led by Taisuke “Tai” Kimoto, Brian Yang, Jacob Zuberi, Tolulope Alegbeleye, and Louise Lu.