Japanese law firm Nishimura & Asahi has agreed to acquire SCL Group (SCL), one of Thailand’s leading local firms. Nishimura said in a statement that the deal would create one of Thailand’s largest Japanese law firms, as well as one of the largest, well-resourced and most diverse international business law practices in Southeast Asia.
Following the acquisition, the new firm will operate under the name SCL Nishimura, starting from October 2019, and will comprise more than 100 lawyers and professional staff providing legal and business-advisory services.
Nishimura & Asahi first opened its Bangkok office in 2013, under the name Nishimura & Asahi (Thailand). Following the acquisition, SCL Nishimura will have a significantly larger support structure, establishing a stronger presence in the Thai legal market to meet growing demand for legal services throughout Southeast Asia.
Founded in 2005, SCL (formerly the Chavalit Law Group) served local, regional, national and international business clients in Thailand. SCL comprises companies with diverse legal and business-advisory specializations, with operations throughout Thailand.
Nishimura & Asahi managing partner Masaki Hosaka said: “Southeast Asia is one of the most exciting places in the world to do business, and the profile of Southeast Asia is clearly rising around the world – especially in Japan and for our Japanese clients.
“The region is one of the biggest trading partners globally for Japan, as well as one of Japan’s most favoured destinations for FDI. As a result, we see strong and continuing growth and returns on investment for our clients and for our firm in the region.
“Our goals for this transformative integration include providing seamless support, a closer and more convenient presence, and a co-ordinating point for our large number of Japanese and multinational clients as they do business in Thailand.”