Kirkland Represents Cerberus on Acquisition of Staples’ European Business

Kirkland & Ellis LLP advised Cerberus Capital Management, L.P., one of the world’s leading private investment firms, on its acquisition of a controlling interest in Staples’ European business, which  consists of retail, contract, and online businesses in 16 countries generating aggregate annual sales of approximately €1.7 billion. The transaction is expected to close during the first quarter of Staples’ fiscal 2017 year. The full release is available here.

The Kirkland team was led by corporate partners Douglas Ryder, Gavin Gordon, Claire James, Dvir Oren and associate Jacob Traff; technology & IP partners Seth Traxler, Matthew Lovell and associates Matthew Colman, Shatra Bell and Ashley Eisenberg; and tax partners Sara Zablotney, Benjamin Schreiner and Dulcie Daly.