Hengeler Mueller advises Schenck Process Group on takeover of Clyde Process Solutions and on debt financing of Schenck Group
03. December 2010
On 1 December 2010, the Schenck Process Group announced its agreement with the Board of Clyde Process Solutions plc to make an offer to acquire 100% of Clyde’s shares.
The Schenck Process Group, headquartered in Darmstadt (Germany) and with activities in more than 40 countries, is a global market leader of solutions in measuring and process technologies in industrial weighing, feeding, screening and automation. Clyde Process Solutions plc is a market leader in air filtration and pneumatic conveying & injection technologies.
Hengeler Mueller is advising Schenck Process Group on the takeover and on the debt financing of the Schenck Group. The Hengeler Mueller team includes partners Daniela Favoccia (Corporate/M&A) and Johannes Tieves (Financing) as well as associate Nikolaus Vieten (Financing) (all Frankfurt).
Hengeler Mueller is working on this transaction in an Integrated Team together with the UK law firm Slaughter and May.