Firm Cements $1.4 Billion Deal
Jeffrey Chapman, a Gibson, Dunn & Crutcher partner in Dallas, and New York partner Joerg Esdorn lead deal team for Lone Star Funds.
January 06, 2015 at 09:00 AM
2 minute read
Gibson, Dunn & Crutcher represents Lone Star Funds in its pending acquisition of building products businesses in North American (excluding Western Canada) and the United Kingdom from HeidelbergCement for $1.4 billion.
HeidelbergCement, based in Heidelberg, Germany, turned to lawyers from Shearman & Sterling.
On Dec. 24, 2014, HeidelbergCement announced a definitive agreement to sell the building products businesses, collectively Hanson Building Products, to an affiliate of Lone Star Funds of Dallas for $1.4 billion, with up to $100 million payable in 2016, depending on the performance of the business in 2015.
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