Aleris Acquired by Novelis

Aleris Acquired by Novelis

  

Fried Frank acted as counsel to Aleris Corporation, a US-based aluminum producer, in its approximately US$2.6 billion acquisition by Novelis, Inc., the global leader in aluminum rolled products and the world's largest recycler of aluminum. As part of the acquisition, Novelis will acquire Aleris' 13 manufacturing facilities across North America, Asia, and Europe. The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in 9-15 months. Until the closing, the companies will continue to operate as separate entities. Following close, the two companies will integrate Aleris into Novelis, which will remain headquartered in Atlanta. 

The Fried Frank team was led by corporate partners Christopher Ewan and Randi Lally and included corporate partners Michael T. Gershberg and Dan Oates; antitrust and competition partners Nathaniel L. Asker and Tobias Caspary; executive compensation & ERISA partner Amy L. Blackman; tax partners Katrin Gänsler and Alan S. Kaden; corporate special counsel Simon Saitowitz; environmental special counsel Donna Mussio; corporate associates Danica E. Curavic, Arielle D. Matza, and Jake Saifman; antitrust and competition associates Julie Flandrin, Max Küttner, Aleksandr B. Livshits, and Neda Moussavi; environmental associate Samuel K. Dykstra; executive compensation & ERISA associate Stephanie Matko; litigation associate Kyle K. Panton; tax associates Shane C. Hoffmann and W. Reid Thompson; and executive compensation & ERISA law clerk Arielle F. Evans.

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