Brouxel & Rabia is pleased to have advised N4 Partners on the corporate aspects and financing arrangements of the sale of David Brown Santasalo, a global gear systems specialist and one of the world’s leading mechanical power transmission companies, to Stellex Capital Management LLC.
David Brown Santasalo is a global business delivering engineered industrial gear systems and services, manufactured for critical industrial applications including Mining & Minerals, Fibre & Paper, Power Generation, Cement, Oil & Gas, Defence and many more. The organisation has 26 locations, spanning six continents worldwide and employs more than 1,100 people.
Stellex Capital Management LLC, a global, multi sector investment firm with offices in New York, Detroit, Pittsburgh and London with over $2.6 billion in assets under management, noticed the potential of David Brown Santasalo to further develop the services for customers and its global footprint.
This deal has a significant market impact and several authorisations were required to complete the deal.
We look forward to advising N4 Partners on their next chapters and representing them in the Grand Duchy of Luxembourg!
The B&R team advising on this transaction was led by Samia Rabia (Partner), and included Miroslava Dudas (Counsel), Delia Nitescu (Counsel), Yacine Bouazza (Senior Associate) and Margot Geisler (Associate).
For more information about our legal services, please contact a member of the Corporate, M&A and Financing team or your usual B&R contact.
Press release:
The imminent arrival of a new regulation in Luxembourg will impact third-country undertakings (TCUs) providing core banking services, signaling an upcoming shift in the regulatory landscape for these entities…
The imminent arrival of a new regulation in Luxembourg will impact third-country undertakings (TCUs) providing core banking services, signaling an upcoming shift in the regulatory landscape for these entities…
A new EU regulation 2024/886 will make instant payments fully available in euro to consumers and businesses in the EU and in EEA countries…
The imminent arrival of a new regulation in Luxembourg will impact third-country undertakings (TCUs) providing core banking services, signaling an upcoming shift in the regulatory landscape for these entities…
A new EU regulation 2024/886 will make instant payments fully available in euro to consumers and businesses in the EU and in EEA countries…
On 7 February 2024, the European Parliament adopted the directive amending the AIFM and UCITS Directives…
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