PRESS RELEASE
5 July 2019

MoFo Advises Mitsubishi Heavy Industries In Its Acquisition Of Canadair Regional Jet Program

MF
Morrison & Foerster LLP

Contributor

Known for providing cutting-edge legal advice on matters that are redefining industries, Morrison & Foerster has 17 offices located in the United States, Asia, and Europe. Our clients include Fortune 100 companies, leading tech and life sciences companies, and some of the largest financial institutions. We also represent investment funds and startups.
MoFo is advising Mitsubishi Heavy Industries, Ltd. (MHI) in its US$550 million asset acquisition of the Canadair Regional Jet (CRJ) program from Bombardier Inc.,
United States

MoFo is advising Mitsubishi Heavy Industries, Ltd. (MHI) in its US$550 million asset acquisition of the Canadair Regional Jet (CRJ) program from Bombardier Inc., a global leader in the transportation industry. The deal was announced on June 25, 2019, and is expected to close by the second quarter of 2020.

Under the agreement, MHI, which is one of the world's leading industrial firms, will acquire the maintenance, support, refurbishment, marketing, and sales activities for the CRJ program, including the related services and support network in Canada and its service centers in the United States, as well as the aircraft type certificates. The transaction is a key step in MHI's strategy of expanding its aircraft business globally, with a mid-term focus on North America, and it positions MHI to transform and lead the underserved regional jet business.

The MoFo team advising MHI is led by Tokyo corporate partner Randy Laxer, and includes of counsels Sam Inohara and Seth Graham, and associates Adam Harris, Aya Eguchi, Yohei Nakagawa, and Susanne Petersen.

Read the company's press release.

Contributor

Known for providing cutting-edge legal advice on matters that are redefining industries, Morrison & Foerster has 17 offices located in the United States, Asia, and Europe. Our clients include Fortune 100 companies, leading tech and life sciences companies, and some of the largest financial institutions. We also represent investment funds and startups.

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