Paul, Weiss is advising KPS Capital Partners, LP in its acquisition of Siderforgerossi Group, S.p.A., a global manufacturer of large diameter forged products. Upon completion of the transaction Siderforgerossi will become the fifth acquisition completed by KPS Special Situations Mid-Cap Fund and KPS’ second Mid-Cap Fund acquisition in Italy in 2021. Financial terms of the transaction were not disclosed.
The Paul, Weiss team included, among others, corporate partners David Carmona and Angelo Bonvino; litigation partner Aidan Synnott; and antitrust counsel Marta Kelly.