KPS Completes Sale of IKG to Meiser and Dutco

Paul, Weiss advised KPS Capital Partners, LP in its sale of Houston-based IKG, a leading North American manufacturer of high-quality steel and aluminum bar grating, to Germany-based Meiser International GmbH and Dubai Transport Company LLC (Dutco).

The firm previously advised KPS on its 2020 acquisition of IKG in a complex carve-out transaction. KPS and IKG’s management team subsequently executed a successful growth strategy that transformed IKG into a diversified and growing platform.

The Paul, Weiss team was led by corporate partners Angelo Bonvino and Sarah Stasny, and includes corporate partner Suhan Shim and counsel Erika Detjen and Nathan Mitchell; tax partner Robert Killip; intellectual property partner Charles Googe; litigation partners Lynn Bayard, Aidan Synnott and John Carlin and counsel Steven Herzog and Darren Johnson; executive compensation partner Andrea Wahlquist Brown and counsel Lisa Krausz Eisenberg; real estate partner Peter Fisch; antitrust counsel Yuni Sobel, Marta Kelly and Chad de Souza; environmental counsel William O’Brien; and international trade counsel Richard Elliott.