# Bain Capital-led consortium closes tender offer for Hitachi Metals

A consortium led by Bain Capital, including Japan Industrial Partners and Japan Industrial Solutions, successfully closed its tender offer for Hitachi Metals, a global leader in specialty steel and functional components. The deal is one of the largest private equity investments in Japan.

- Type: Acquisition
- Announced: 2022-10-26
- Where: Japan
- Status: completed
- Products: specialty steel, functional components, magnetic materials, power electronics, wires and cables
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Bain Capital](https://endata.com/companies/1000.md) (acquirer)
- [Japan Industrial Partners](https://endata.com/companies/22431.md) (partner)
- [Hitachi Metals, Ltd.](https://endata.com/companies/27153.md) (target)
- [Japan Industrial Solutions](https://endata.com/companies/66101.md) (partner)

## Sources

- [baincapital.com](https://www.baincapital.com/news/bain-capital-led-consortium-announces-successful-close-tender-offer-hitachi-metals-common), 2022-10-26: "Bain Capital announced today that the consortium led by affiliates of Bain Capital Private Equity, LP successfully closed its tender offer for the common shares of Hitachi Metals, Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.