Advising on the proposed acquisition of OMNOVA Solutions Inc. for approximately £654 million. OMNOVA develops, manufactures and markets emulsion polymers, speciality chemicals and decorative products. It provides engineered surfaces for various commercial, industrial and residential end uses.
Advising the Wang family, which controls the internationally active automotive component supplier Ningbo Jifeng Auto Parts (Ningbo Jifeng) on its strategic partnership with Grammer AG, a German components supplier serving the automotive and commercial vehicles industry.
Advising on the agreed £275 million sale of its Flow Control Division to First Reserve, a US private equity firm, following an auction process. Weir's Flow Control Division specialises in the design and manufacture of valves, pumps, and controls for the global power generation, downstream oil & gas and industrial sectors.
ZHEJIANG CANGNAN INSTRUMENT GROUP
Advising on its H-Share listing on the Hong Kong Stock Exchange. Zhejiang Cangnan Instrument Group is a leading precision measurement instrument manufacturer in China with over 40 years' industry experience.
Advising on its acquisition of a leading aerospace components manufacturing business from GE Aviation. The business is a leading supplier of major civil and military aircraft structures in hi-tech composites, metallic, acrylics and hybrid structures and is likely to increase Aernnova's long-term predictable revenues by approximately US$200 million per year.