DC Advisory (DC), led by Shinya Nakamura and Takuji Katagiri, acted as the tender offer agent to Daio Paper Corporation - Japan’s leading paper products manufacturer - on its acquisition of Nisshinbo Holding’s paper business.

DC’s was engaged by Daio Paper Corporation due to its strong credentials in the space.

The transaction is expected to increase Daio Paper’s capacity to supply a ‘still-growing’ household paper market, whilst allowing Nisshinbo Holding to focus on its core businesses, such as automobile brake materials and communications equipment.