(September 26, 2012) - Paul Hastings LLP, a leading global law firm, announced today that the firm is serving as US-counsel to Chicago-based Madison Capital Partners in the sale of KraussMaffei AG, a leading manufacturer of plastic and rubber processing equipment, to private equity firm Onex Corporation (Onex) (TSX: OCX) for $732 million.
The transaction is anticipated to close prior to March 31, 2013, subject to customary conditions and regulatory approvals.
M&A partner Brian Richards
led the Paul Hastings team, which included Tax partner Ziemowit Smulkowski
and associate Eric Jones
. Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.