A public company in the cryogenic and chemical vaporiser industry needed to complete an acquisition of a competitor within a quick time-frame. The competitor had operations in the U.S., Indonesia, China and the United Kingdom and owned a wholly-owned subsidiary in Indonesia. The purchaser contacted Calfee, Halter and Griswold LLP, Lex Mundi member firm for Ohio, which is its regular M&A counsel, and knew that it could assemble its Lex Mundi member firms to assist with the international component.
Calfee assembled a team of its U.S. lawyers together with a team of lawyers with specific expertise in Indonesia fromAli Budiardjo, Nugroho, Reksodiputro [ABNR], Lex Mundi member firm for Indonesia.
The team quickly mobilized and worked together to seamlessly complete all necessary negotiations and documentation for the client, providing due diligence in each jurisdiction, drafting documentation and closing deliveries. The work was delivered on time to the client which allowed for a successful acquisition.
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