June 04, 2020
Weil advised Apergy Corporation (n/k/a ChampionX Corporation), a provider of equipment and technologies that improve O&G drilling and production efficiency and safety, in a Reverse Morris Trust acquisition of ChampionX (f/k/a Nalco Champion), a supplier of sustainable chemistry programs and services to upstream and midstream O&G operators, from Ecolab Inc., creating an entity with a combined $7.4 billion enterprise value. The transaction closed on June 4, 2020.
The Weil team advising Apergy is led by Mergers & Acquisitions partner Michael J. Aiello and includes Mergers & Acquisitions partner Sachin Kohli, counsel Megan Pendleton and associate Katie Simmonds. The team also includes Tax Head Joe Pari; Tax partner Graham Magill; Environmental Head Annemargaret Connolly; Banking & Finance Head Douglas Urquhart and Banking & Finance partner Vynessa Nemunaitis; Capital Markets partner Heather Emmel; Executive Compensation & Benefits Head Paul Wessel; Technology & IP Transactions partner Karen Ballack; Antitrust Head Steven Newborn; Privacy & Cybersecurity Co-Head Randi Singer; Environmental counsel Matthew Morton; Antitrust counsel Vadim Brusser; Tax associate Blake Bitter; Banking & Finance associates Veronica Bonhamgregory and Libby Vinson; Technology & IP Transactions/Privacy associates Dennis Adams and Alexa Chu Clinton; Real Estate attorney Leslie Smith; and Employment Litigation associate Justin DiGennaro.