3i/GIF: Advised 3i in its €77 million investment in Gesellschaft für Industrieforschung mbH (GIF), a leading international specialist in transmission testing.
Ardian/Schleich: Represented Ardian in its acquisition of German toy manufacturer Schleich from European private equity investor HgCapital.
Ardian/SLV: Represented Ardian in its agreement to acquire SLV, a provider of lighting fixtures for residential and commercial space, from Cinven.
Buckingham Capital Partners LLC: Represented Buckingham Capital Partners, a NYC-based private investment firm specializing in leveraged buyouts of U.S.-based, lower middle market companies in several transactions, including:
- financing of its leveraged buyouts of the automation division of Remmele Engineering, CPAC, Inc./The Fuller Brush Company, Isochem Inc. (VanDeMark Chemical) and refinancings of acquisition facilities for Trantech Radiator Products, Process Equipment and Rostra Tool.
Dexter Axle Company/AL-KO VT: Represented Dexter Axle Company, a portfolio company of The Sterling Group, on its acquisition of AL-KO Vehicle Technology from AL-KO Kober SE.
Electra Investment Trust plc/Steinway Musical Properties: Represented London-based Electra in connection with its private equity investment in Steinway Musical Properties.
Represented San Francisco-based private equity firm Friedman Fleischer & Lowe LLC in the sale of C.H.I. Overhead Doors, a North American manufacturer of residential and commercial garage doors, to global private equity from KKR.
Fonds Stratégique d’Investissement (FSI)/AD Industrie: Advised FSI, the private equity and venture capital arm of Caisse des Dépôts et Consignations, on its €10 million investment, together with General Electric’s investment arm GE Capital Equity, in Paris-based AD Industrie, a specialized mechanical engineering and hydraulics company.
GEA Group/Heat Exchangers: GEA Group’s management team in the €1.3 billion sale of the company’s Heat Exchangers segment to funds advised by European private equity firm Triton.
Geiger Brickel/Herman Miller, Inc.: Represented John Geiger, founder and president of wood furniture manufacturer Geiger Brickel, in the sale of Geiger to Herman Miller, which paid for the acquisition by issuing 1,325,737 shares to Geiger shareholders along with $5 million in cash.
GrafTech International Ltd.: Represented GrafTech International, a leading graphite materials producer, in its agreement to be acquired by an affiliate of Brookfield Asset Management Inc. , a global alternative asset manager, for approximately $700 million.
IK Investment Partners/Lucas Meyer/IFF: Represented IK Investment Partners in its deal to sell Lucas Meyer Cosmetics, the Canadian suppler of ingredients for the beauty industry (and a unit of the Unipex Group), to New York-based International Flavors & Fragrances Inc, for €283 million.
IK Investment Partners/Sport Group: Represented IK Investment Partners in the sale of Sport Group, a worldwide market leader in outdoor sport and recreational surface systems.
Mueller Industries, Inc.
: Advised Mueller Industries, Inc. in its repurchase of 10,422,859 shares of Mueller common stock owned by Leucadia National Corporation at a negotiated price per share of $41.00, for an aggregate purchase price of $427,337,219. The repurchased shares equate to approximately 27.2 percent of Mueller’s common shares outstanding immediately prior to the repurchase transaction and constitute Leucadia’s entire ownership stake in Mueller. The repurchase was approved by Mueller’s Board of Directors following the recommendation of the directors not affiliated with Leucadia and was funded using a combination of the Company’s available cash on hand and borrowings under the Company’s existing credit facility. Headquartered in Memphis, Tennessee, Mueller is a leading manufacturer of plumbing, HVAC, refrigeration and industrial products. Willkie previously represented Mueller in regulatory matters relating to its $92 million merger with North Carolina-based Halstead, a leading company in the copper tubing industry.
Mueller Industries & Atlas Holdings/Tecumseh Products: We represented Mueller Industries, Inc. and Atlas Holdings LLC in an agreement by MA Industrial JV LLC (a Delaware limited liability company in which Mueller Industries and affiliates of Atlas Holdings each own 50%) to acquire Tecumseh Products Company for approximately $123 million.
NXMH/Stokke SA: Represented NXMH, a Belgium-based investment company wholly owned by South Korea’s NXC Corporation, on its acquisition of Stokke AS, a Norwegian children’s furniture manufacturer.
PAI partners/ADB: Advised PAI partners, one of Europe’s most established private equity firms, on the acquisition of ADB, the world’s leading airfield lighting technology company, from Montagu Private Equity.
PAI partners/IPH: Advised PAI partners, one of Europe’s most established private equity firms, in its acquisition of IPH, the French leader in industrial supply distribution, from Investcorp.
PAI partners/SPIE: Represented PAI, one of Europe’s most established private equity firms, in multiple transactions with SPIE, the European leader in electrical and mechanical engineering and HVAC services and energy and communications systems, including its €2.1 billion disposition of SPIE to a consortium led by Clayton, Dubilier & Rice together with AXA Private Equity and Caisse de dépôt et placement du Québec.
Safe Fleet/Elkhart Brass Manufacturing Company, Inc.: Advised Safe Fleet, a portfolio company of Sterling Group, in its acquisition of Elkhart Brass Manufacturing Company, Inc., a 113-year old industry-leading manufacturer of firefighting and fire protection equipment.
SLV/Cinven: Advised the management team of SLV, the Germany-based innovative indoor/outdoor lighting products and systems provider, on its acquisition by European buyout firm Cinven from HgCapital.
The Sterling Group/Liqui-Box Corporation: Represented The Sterling Group in its leveraged buyout of Liqui-Box, a leading supplier of bag-in-box flexible packaging, from Du Pont.
The Sterling Group/Process Barron: Represented Houston-based private equity firm The Sterling Group in its acquisition of Process Equipment, Inc. (Process Barron), a leading provider of custom turn-key air and material handling solutions to a variety of industries.
The Sterling Group/Safe Fleet/Hadley’s Transit Mirror: Represented Safe Fleet, a portfolio company of The Sterling Group, in its acquisition of the transit mirror product line for buses, shuttles and coaches from Hadley.
Warburg Pincus: Advised the New York-based, globally integrated private equity investor in the following manufacturing-related acquisitions:
- Total Safety: Represented an affiliate of Warburg Pincus in its acquisition of all of the outstanding equity interests of Total Safety in a leveraged buyout. Total Safety, headquartered in Houston, Texas and with more than 70 locations worldwide, is a leading global provider of integrated industrial safety services, strategies and equipment necessary to keep workers, facilities and the environment safe.
Weber Hydraulik GmbH/Hyco International Inc.: Advised Weber, a Germany-based international provider of customized hydraulic drive and control engineering solutions, on its acquisition of U.S.-based Hyco from U.S. financial investor Centre Partners Management LLC.