Acquisition Opens New Growth Opportunities Serving Region’s Revitalized Steel Industry
Paris, Frankfurt – LAWFUEL – The Law Firm Newswire – Jones Day advised Harsco Corporation (NYSE: HSC) (“Harsco”), a worldwide industrial services company, on its latest strategic acquisition. The deal, which was announced and completed on 27 August 2007, involved the acquisition of Alexander Mill Services International (“AMSI”), a privately held company that provides mill services to some of the leading steel producers in Poland, Romania, Greece, and Portugal.
AMSI will join Harsco’s MultiServ mill services division, headquartered in the U.K., which operates at more than 160 mills worldwide as the world’s largest on-site service partner to the steel and metals industries. The acquisition increases MultiServ’s global operations from 32 countries to 35 countries.
AMSI’s established footprint in Poland and Romania gives Harsco an immediate platform to expand into the region’s growing steel industry revitalization, as new multinational owners, many of them existing Harsco customers, continue to implement significant steel plant modernization and operational expansion programs to support the region’s burgeoning infrastructure growth.
The Jones Day team involved teams from the Firm’s Paris and Frankfurt Offices and included My Linh Vu-Grégoire, Alexandre de Verdun, and Amélie Skierka (Mergers & Acquisitions, Paris) and Benjamin Wille (Mergers & Acquisitions, Frankfurt).
Harsco Corporation was also advised by the law firms Loyens & Loeff (The Netherlands), Soltysinski, Kawecki & Szlezak (Poland), Abreu Advogados (Portugal), Popovici & Associatii (Romania), and Vgenopoulos & Partners (Greece).
AMSI’s founding members and shareholders were represented by Cohen & Grigsby, P.C. in the U.S., as well as by Deloitte and White & Case LLP in Poland.
Jones Day is an international law firm with offices in 30 major cities around the world: eight in Europe, eight in Asia, and 14 in the USA. The Firm is fully integrated and provides a comprehensive range of services, relying on multidisciplinary, international teams focused on a broad spectrum of activities. With more than 2,200 attorneys worldwide, including 400 in Europe, Jones Day ranks among the top 10 law firms in the world.