Almain assisted Beck Industries on its combination with Cooper & Turner, an LBO with Watermill as sponsor.
Today Watermill and Cooper & Turner announced a combination with Beck Industries, a manufacturer and distributor of safety critical fasteners for the nuclear, petrochemical, oil, gas, energy production, gas pipelines, rail and maritime transport and OEM markets.
The aim of the combined entity is to become the world’s leading manufacturer and distributor of safety critical fasteners.
In this cross-border deal involving eight jurisdictions (France, UK, Belgium, Germany, Singapore, Morocco, Hong Kong and the United States), Beck Industries was advised by an Almain team, as lead counsel, led by Edgard Nguyen and Mathilde Garin.
Beck Industries was also advised by Rothschild & Co.
Watermill was advised by K&L Gates in New York and Paris.
MidCap Financial Services, LLC provided the financing.