Egorov Puginsky Afanasiev & Partners advised on the Russian aspects of the USD550m acquisition of Tensar – a portfolio company of Castle Harlan Inc.'s funds, and the world-leader in the manufacture and supply of retaining walls, ground stabilisation and soil reinforcement solutions across 80 national markets – by Commercial Metals Company, US steel and metal manufacturer. The transaction was multi-jurisdictional and included Tensar companies in the US, Europe, China, Russia.
The support of Firm’s attorneys included, in particular, complex legal due diligence of Tensar subsidiary in Russia that is a manufacturing company holding significant operations of Tensar Group, as well as advising the client on regulatory issues. The acquisition has been conducted through a bidding process.
Work on this project is important to the development of the global transportation, infrastructure and construction markets.
EPAM’s team included attorneys from M&A and Corporate, Competition, Real Estate, Intellectual Property, Environmental and Employment Practices and was led by Ilona Zekely (Partner, Head of European Desk) and Anna Numerova (Partner) with the assistance of Elena Agaeva (Counsel) and Ksenia Firsova (Senior Associate).