Gallop, Johnson & Neuman is Counsel in NAP Holdings’ Acquisition of Quebec-Based Tool Company Stock
Transaction creates North America’s largest source of carbide and diamond cutting tools for wood products industry
AUGUST 3, 2006, St. Louis, Missouri, USA … LAWFUEL – Law News Network – The law firm of Gallop, Johnson & Neuman served as counsel to NAP Holdings, LLC of Jasper, Indiana, in connection with NAP Holdings’ acquisition of the capital stock of Les outils Gladu Inc., a leading industrial tool manufacturing company headquartered in Marieville, Quebec, Canada.
The law firm also served as counsel to Cameron Holdings Corporation, a private equity company with offices in St. Louis and San Diego that controls NAP Holdings (www.cameron-holdings.com).
The transaction creates North America’s largest, most complete source of carbide and diamond cutting tools and services for the wood products industry, with a network of 16 production and service centers and sales offices. Terms were not disclosed.
NAP Tools, LLC, a unit of NAP Holdings, was founded in 1941. NAP manufactures and services top-quality carbide and diamond-tipped cutters for woodworking, building materials and metal sawing industries via 12 facilities in the U.S. and Canada (www.naptools.com).
Les outils Gladu, Inc., parent of Gladu Tools, Inc., was founded in 1969 and is Canada’s leading manufacturer of diamond tools and cutting saws for woodworking and other industries. The firm has facilities in Champlain, New York, Dallas, Texas and Saint Georges, Quebec in addition to Marieville (www.gladu.com).
Cameron Holdings Corporation, founded 1978, specializes in the acquisition and operation of middle market manufacturing and service companies. Cameron focuses on companies with annual revenues between $20 million and $100 million and has a successful track record of acquiring, operating, and growing its portfolio companies in the U.S and overseas.
Michael Morgan, a partner at Gallop, Johnson & Neuman who concentrates his practice in corporate transactions and international law, served as lead counsel for NAP Holdings, along with attorneys Jennifer R. Byrne and Ruben K. Chuquimia in Gallop, Johnson & Neuman’s Business Law Department.
Gallop, Johnson & Neuman, founded in 1976, serves public and privately held corporations, small companies, start-up enterprises, entrepreneurs and non-profit entities, as well as individuals and families. It is one of the ten largest law firms in St. Louis. Offices are located at 101 South Hanley Road, Suite 1700, Clayton, Missouri, 63105.
For information about Gallop, Johnson & Neuman, please contact Daniel P. Mauzy at 314.615.6000 or visit the website www.GJN.com. Media contact: Jeff Dunlap at 314.993.6925.
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