Hengeler Mueller advises Magnesita on acquisition of LWB

09. September 2008

Magnesita Refratários S.A., a Brazilian manufacturer and service provider in the refractory industry with a leading position in the Latin American market, has signed an agreement with the finance investor Rhône Capital to acquire Germany’s LWB Refractories, a leading supplier worldwide of dolomite-based refractories. The total transaction value amounts to 657 million euros. This transaction is set to create the third largest refractory company in the world.

Hengeler Mueller has advised Magnesita on this transaction. The Hengeler Mueller team included partners Reinhold Ernst, Maximilian Schiessl (both M&A, Düsseldorf), Martin Klein (Tax, Frankfurt), Thomas Schmidt-Kötters (Environment, Düsseldorf), Ralph Defren (Financing, Frankfurt), Jochen Burrichter (Competition, Düsseldorf) and Christian Hoefs (Labour, Frankfurt) in addition to associates Christof Alexander Schneider, Eike Thomas Bicker, Gunnar Janson, Alexander Rezori, Christian Wentrup, Eva-Maria Wild, Jürgen Nosky, Thoralf Herbold, Indre Waschkeit, Manuel Zandt, Kerstin Henrich, Christian Vorster, Hendrik Bockenheimer, Judith Erren and Arne Lambrecht.

Hengeler Mueller worked on this transaction in an Integrated Team together with the New York law firm Cravath, Swaine & Moore as well as Bredin Prat (France).