CMS Bureau Francis Lefebvre and the CMS Luxembourg, Germany and Switzerland teams advise Novelis Inc. on its sale of three plants to American Industrial Acquisition Corporation
CMS Bureau Francis Lefebvre and the CMS Luxembourg, Germany and Switzerland teams today announced that they advised Novelis Inc., the world's leading manufacturer of aluminium rolled products, on its disposal of three European aluminium sheet plants to American Industrial Acquisition Corporation (AIAC).
Four firms in the CMS network were mobilised to advise Novelis Inc. on all legal aspects of the transaction. These included CMS von Erlach Henrici, CMS Bureau Francis Lefebvre, CMS DeBacker Luxembourg and CMS Hasche Sigle. The transaction was coordinated at Novelis Inc.'s European headquarters by André E. Lebrecht, Partner at CMS von Erlach Henrici, Switzerland.
Novelis was advised by:
- France – CMS Bureau Francis Lefebvre: a team led by Jacques Isnard, Partner.
Corporate/M&A: Jacques Isnard, Partner, Clarisse Thiolon and Alexandre Morel, Lawyers.
Real Estate Law: Aline Divo, Partner, Céline Cloche-Dubois, Julia Pelpel-Moynot and Laurent Toulze, Lawyers.
Banking/Finance: Grégory Benteux, Head of Structured Debt and Finance, and Alexandre Bordenave, Lawyer.
Employment Law: Pierre Bonneau, Raphaël Bordier and Laurent Marquet de Vasselot, Partners, Maïté Ollivier and Ghislain Dintzner, Lawyers.
Intellectual Property Law: Anne-Laure Villedieu, Partner, and Alexandra Le Corroncq, Lawyer.
Competition Law: Denis Redon, Partner, and Virginie Coursière-Pluntz, Lawyer.
International Contracts/Commercial Law: Stéphanie de Giovanni, Lawyer.
- Germany – CMS Hasche Sigle: a team led by Peter Baisch, Partner, and Nicole Gerstle, Lawyer.
- Luxembourg – CMS DeBacker: a team led by Julien Leclère, Partner, and Yacine Diallo, Lawyer.
- Switzerland – CMS von Erlach Henrici: a team led by André E. Lebrecht, Partner.
American Industrial Acquisition Corporation was advised by: Squire Sanders.
Novelis Inc. is the global leader in aluminium rolled products and aluminium can recycling. The company operates in 11 countries, has nearly 11,000 employees and reported revenue of $10.6 billion in fiscal year 2011. Novelis supplies premium aluminium sheet and foil products to automotive, transportation, packaging, construction, industrial, electronics and printing markets throughout North America, South America, Europe and Asia. Novelis is a subsidiary of Hindalco Industries Limited (BSE: HINDALCO), one of Asia's largest integrated producers of aluminium and a leading copper producer. Hindalco is a flagship company of the Aditya Birla Group, a multinational conglomerate based in Mumbai, India.
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