Morrison Foerster (“MoFo”) is advising EQT on its sale of Pioneer Corporation (“Pioneer”), for USD $1.1 billion, to CarUX.
EQT is a purpose-driven global investment organization with EUR 273 billion in total assets under management. Pioneer is a Japanese automotive technology leader in sound and navigation systems. CarUX is a leading innovator in smart cockpit solutions and a subsidiary of the top panel supplier based in Taiwan and is a subsidiary of Taiwan-listed Innolux Corporation (TAIEX: 3481.TW).
The transaction is subject to customary conditions and approvals and is expected to be completed in Q4 2025.
MoFo’s deal team advising EQT is co-led by private equity partners Naoya Shiota and Steve DeCosse, and is supported by global co-chair of Morrison Foerster’s M&A practice Jeremy White, corporate associates Bryce Gray and Sarah Ishikawa, litigation partner Andrew Meyer (all Tokyo), and tax partner Matthew Lau (Hong Kong).
Read more in EQT’s press release.
