Lowis & Gellen Client acquires Aluminum Clad Steel Wire
Manufacturing Business.
March 1, 2004 - Lowis & Gellen represented the buyer, ("Buyer")
in its purchase of the assets of a California based aluminum-clad
steel wire manufacturing company (the "Business"), a subsidiary
of a large multinational company. The all cash acquisition
successfully closed today.
Founded in 1912, and operating out of its plant in Illinois,
Buyer is a leading manufacturer and marketer of bare and insulated
copper and aluminum wire, ACSR, aluminum-clad steel, copper-clad
steel, building wire, underground power cables, welding cables,
ground rods, and medium voltage cables for the utility, telecommunication,
electrical distribution, and OEM markets nationwide. The addition
of the Business, which will operate as a division of Buyer,
represents a strategic expansion of Buyer' product offering
and customer base.
The Lowis & Gellen team consisted of Jerry
Haberkorn, Bob
Leavitt and Julie
Herlien, and exclusively handled all legal aspects of
the transaction for Buyer including negotiating and drafting
the purchase and financing documentation.
For more information, please contact:
Jerry Haberkorn
(312) 456-2701
geraldh@lowis-gellen.com
Lowis & Gellen Client sells its All Natural Food Businesses to National Food Conglomerate.
August 15, 2003, Chicago - Lowis & Gellen represented the
sellers (the "Sellers") in the sale of their all natural food
businesses (the "Business") to a national food conglomerate
(the "Buyer"). The transaction entailed a combination of cash,
preferred equity and junior subordinated debt, and successfully
closed today.
Headquartered in Chicago, Illinois, the Business offers a
broad line of distinctive natural fresh and cooked sausages
and other value added food products to customers nationwide
under a nationally recognized brand name. The Buyer, a leading
natural and organic meats company, owns interests in companies
throughout the country producing organic and natural chicken
and beef products. The addition of the Business greatly expands
the depth and breadth of the Buyer's already extensive offerings
of sausage products.
The Lowis & Gellen team consisted of
Jerry Haberkorn, Bob
Leavitt and Jim
Lechowicz, and exclusively handled all legal aspects of
the transaction for the Sellers including negotiating and
drafting the purchase, debt and equity structures and documentation.
For more information, please contact:
Jerry Haberkorn
(312) 456-2701
geraldh@lowis-gellen.com
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