The Firm is representing Rosebank Industries plc in connection with its announced acquisition of MW Components and CPM from American Securities LLC, for a combined enterprise value of approximately $3.05 billion (~£2.28 billion) on a debt and cash-free basis. The acquisition will be financed through a fully underwritten institutional capital raise of approximately £1.9 billion and new debt facilities.
MW Components is a leading US provider of highly engineered, bespoke fasteners, springs and precision metal components, with strong market positions. CPM is an innovative leader in highly engineered processing equipment used in oilseed, animal feed production, renewable energy, plant based foods and industrial materials, with market leading brands and strong customer relationships with blue-chip clients.
Rosebank was established in 2024, and its strategy is to acquire quality industrial or manufacturing businesses with strong fundamentals whose performance may be improved.
The Simpson Thacher team includes Keegan Lopez, Jack Larkin, Aaron Mashian, Clare DaBaldo and Michael Chen (M&A); Lucy Gillett, Adam Signy, Deborah Harris, Elizabeth Lee and Leo Hutchings (U.K. Corporate); Dan Peach, Harry Briffitt and Zahra Paran (U.K. Credit); Benjamin Persina and Celeste Fleetwood (U.S. Credit); Sophie Staples, Ruoxi Zhang and Benjamin Bressler (Tax); Sarah Lindley, Oliver Rosshandler and Amena Charles (U.K. Tax); and Tristan Brown, Jesslyn Nunez and Nicholas Deguines (Executive Compensation & Employee Benefits).