Kirkland & Ellis LLP represents Cambridge International Holdings Corp. on its sale to Rexnord (NYSE: RXN), for an estimated total transaction value of $210 million. Rexnord announced its definitive agreement to acquire Cambridge yesterday. The transaction is subject to customary closing conditions, and is expected to close in the next 30 days. Cambridge is one of the world’s largest suppliers of metal conveying and engineered woven metal solutions, primarily used in food processing end markets, as well as in architectural, packaging and filtration applications. More information on the transaction is available here.
The Kirkland team was led by corporate partners Hamed Meshki and Luke Guerra, and included corporate associates Bryan Ikegami and Shanita Nicholas, and tax partner Angela Russo.