Global law firm White & Case LLP has advised KKR on the acquisition of Winoa Group, the global leader in steel abrasives, from LBO France.
The acquisition facilitates a recapitalization of the business through a significant reduction in debt and access to new funds for growth. In converting the debt KKR and its two partners (DK and Bennett) become 85 percent shareholders in the Winoa Group.
The White & Case team in Paris, led by partner Céline Domenget-Morin, was composed of partner Nathalie Nègre-Eveillard with support from associate Benoît Vincent on corporate issues, associates Samir Berlat and Aïssatou Bah on banking aspects and, on tax issues, by partner Norbert Majerholc with assistance from Estelle Philippi.
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