Latham Advises on Loscam’s Strategic Partial Stake Sale to Mubadala
Latham & Watkins has advised on the sale of a 30% stake in Loscam International (Loscam), a leading provider of sustainable, high-quality pooling and logistics solutions, by the selling shareholders Trustar Capital, FountainVest, and Sinotrans, to Mubadala Investment Company (Mubadala), an Abu Dhabi-based global investor. As a result of the transaction, Trustar Capital and Mubadala each hold 30% stake in Loscam, while FountainVest and Sinotrans each hold 20% stake.
The transaction represents Mubadala’s first co-control investment in Asia’s industrial sector, highlighting the increasing confidence of global investors in the region’s evolving supply chain landscape.
The Latham team was led by Hong Kong corporate partners Frank Sun and Stephen Shi, with associates Yao Yang, Ryan Siu, and Rita Hong. Advice was also provided on antitrust and foreign direct investment matters by Brussels partner Héctor Armengod, with counsel Wesley Lepla and Hong Kong associate Yanyan Yang; and on tax matters by London partner Sean Finn, with counsel James Leslie and associates Nicole Lim and Tom O'Malley.