Kirkland Represents Prince International Corporation and American Securities on $2.1 Billion Acquisition of Ferro Corporation
Kirkland & Ellis advised Prince International Corporation, a portfolio company of American Securities LLC, on its acquisition of Ferro Corporation, a leading global supplier of technology-based functional coatings and color solutions, in a transaction valued at approximately $2.1 billion. In connection with the closing, Chromaflo Technologies, also a portfolio company of American Securities, will combine with Prince and Ferro. The transaction is subject to customary closing conditions and is expected to close during the first quarter of 2022.
Read the Prince International Corporation press release
The Kirkland team was led by corporate partners Michael Weisser and Duncan Enista and associate William Lay, debt finance partners Melissa Hutson, Michael Kim and Yuli Wang, antitrust partners Chuck Boyars, Matt Reilly and Michael Engel, and tax partner Mark Schwed.