Acquisition of Teksid by Tupy

Compass Lexecon economist Mark Israel was retained by Weil, Gotshal & Manges to conduct economic analysis of Tupy’s proposed acquisition of Teksid. Both companies supply cast-iron automotive components. Drs. Israel and Weiskopf submitted several white papers to the U.S. Department of Justice (DOJ) highlighting the results of their economic studies. After issuing a second request for additional information, the DOJ ultimately allowed Tupy to acquire Teksid’s operations in Brazil and Portugal but prohibited Tupy from purchasing Teksid’s operations in Mexico.

Compass Lexecon worked closely with John Scribner, Carolina Velarde, and Rob Meyer at Weil, Gotshal & Manges and Bradley Smith, Samantha Hynes, and Steven Holley at Sullivan & Cromwell LLP. Drs. Israel and Weiskopf were supported by a Compass Lexecon team in our Washington, D.C. office that included Bo Bourke, Zain Ul Abideen Shahid, and Chris He.