July 05, 2017
Weil is advising AK Steel in its $360 million acquisition of Precision Partners Holding Company (Precision Partners). AK Steel is a leading producer of flat-rolled carbon, stainless and electrical steel products primarily for the automotive, infrastructure and manufacturing, electrical power generation and distribution markets and Precision Partners is a leading North American automotive market company that provides engineering, tooling, die design and cold stamped steel parts. The transaction is expected to close in the third quarter of 2017 and is subject to customary closing conditions.
The Weil team advising AK Steel is led by Mergers & Acquisitions partner Raymond Gietz and includes Insurance partner Joseph Verdesca; Capital Markets partner Faiza Rahman; Technology & IP Transactions partner Jeffrey Osterman; Tax partner Helyn Goldstein; Executive Compensation & Benefits partner Amy Rubin; Antitrust partner Laura Wilkinson; Environmental counsel Thomas Goslin; Mergers & Acquisitions associates Michelle Sargent and James Higgins; Insurance associate Gabriel Gershowitz; Banking & Finance associates Brian Drozda, Thomas Mastoras and Christina O’Connell; Capital Markets associate Janeane Ferrari; Technology & IP Transactions associates Emilie Williams and Eric Harrison Sternlieb; Tax associate Scott Fryman; Executive Compensation & Benefits associates Aaron Cha and Corinne Nhaissi; Real Estate associates Melissa Meyrowitz and Anne Catherine Podolsky; and Antitrust associate Jonathan Cheng.