Kirkland Advises Platinum Equity on Agreement to Acquire HarbisonWalker International, Inc.

Kirkland advised Platinum Equity LLC on its agreement to acquire HarbisonWalker International, Inc. (HWI), one of the largest suppliers of refractory solutions in North America, from two asbestos trust sellers. Financial terms were not disclosed publicly. The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the first half of 2023. In July, Platinum Equity announced plans to acquire Imerys SA’s High Temperature Solutions business (HTS). The HTS transaction is expected to close by the end of the year. Once closed, HWI and HTS will combine to form a global business with increased reach and scale.

Read the transaction press release

The team was led by corporate partners Karen Flanagan, Jennifer Perkins and Eric Cohen and corporate associates Aan Amin and Amay Gupta, tax partners Kevin Coenen and Mike Conroy, antitrust partners Jim Mutchnik, Carla Hine, Philipp Gnatzy, Thomas Sebastian Wilson and associate Juan Donado Diez, executive compensation partners Kate Vera Coverdale, Jabir Yusoff and associate Jenny Cha, labor and employment partner Sydney Jones and associate Kayla Davis, employee benefits partner Matt Antinossi and associate Caitlin Bernice Pyrce, technology & IP transactions partner Aaron Lorber and associates Trevor Martin and Trevor Snider, environmental transactions partner Ty’Meka Reeves-Sobers and associate Max Anderson, real estate partner Rob Miceli and associate Timothy Bow, international trade and national security partner Carrie Schroll and associate Faith Dibble, restructuring partner Whitney Fogelberg, and litigation partner Jordan Peterson. The HTS transaction was led by corporate partner Vincent Ponsonnaille and associates Guillaume Nivault, Amanda Levi-Acobas and Marion Callot.