A multidisciplinary, cross-border Willkie team assisting in sale of winter sporting goods manufacturer.
The private equity fund Altor has entered into an exclusive process with the intention to acquire, together with other investors, Rossignol Group from Willkie client Macquarie Group and the other shareholders of Rossignol Group. Rossignol designs, manufactures and markets a broad range of winter sports equipment, including Rossignol, Dynastar, Lange and Look branded products.
With approximately $362 billion in assets under management (as of March 31, 2013), Macquarie is a global provider of banking, financial, advisory, investment and funds management services. The company operates in more than 70 office locations in 28 countries and employs more than 13,600 people. Willkie previously advised Macquarie in connection with the 2008 acquisition of the Rossignol Group from Quiksilver, Inc. by an investment vehicle formed by Macquarie and Jarden Corporation.
The current transaction is being handled by a team led by New York corporate partner A. Mark Getachew and Paris corporate partner Eduardo Fernandez and includes Paris corporate associates Olivier Lopez, Laure Pistre, Liza Scemama and Xavier Nassoy and New York corporate associate Tej Prakash. Partner David Tayar and associate Nicolas Cassauba are advising on antitrust aspects and partner Paul Lombard and associate Claire de Bonnières are advising on the financing aspects of the deal. Vendor due diligence reports were drafted by Willkie teams in Paris, New York, Milan and Frankfurt, with the assistance of several local firms.