Fred Jackson, Chief Executive Officer of A&E, said, "The acquisition of Gutermann is a critical strategic step in the growth of A&E. We are very impressed with Gutermann's diverse product portfolio, customer base, premium quality and technical capabilities. Gutermann's strong market position in Europe coupled with A&E's worldwide manufacturing and distribution footprint and strong brand recognition in North America and Asia is an ideal combination. "This acquisition furthers our commitment to support our customers globally with high-quality localized supply, technical resources, customer service support, and the highest environmental and social responsibility. A&E has made tremendous progress under KPS ownership and, with the strategic addition of Gutermann, I believe our future is even brighter."
KPS Capital Partners, LP announced that its portfolio company American & Efird Global, L.P. ("A&E") will acquire substantially all of #
Completion of the transaction is expected on June 30, 2014 and is subject to customary closing conditions.
KPS Capital Partners, LP announced that its portfolio company American & Efird Global, L.P. ("A&E") will acquire substantially all of #
Hengeler Mueller is serving as legal counsel to KPS and A&E. Financing for the transaction will be provided by a syndicate of banks led by Merrill Lynch, Pierce, Fenner & Smith, Inc., along with Wells Fargo Securities, LLC, and PNC Capital Markets LLC acting as Joint Lead Arrangers.
KPS Capital Partners, LP announced that its portfolio company American & Efird Global, L.P. ("A&E") will acquire substantially all of #
KPS Capital Partners
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