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KPS to Acquire Engineered Materials Business of Crane Company
- Client News
- December 2, 2024
Paul, Weiss is advising KPS Capital Partners LP in its acquisition of Crane Composites via a newly formed affiliate. Illinois-based Crane Composites is the engineered materials business from Crane Company and a leading designer and manufacturer of high-quality fiberglass reinforced plastic composite products. It serves a variety of end-markets including building products, recreational vehicles and transportation. The transaction is expected to be completed in the first quarter of 2025, subject to customary closing conditions.
The Paul, Weiss team is led by corporate partners Angelo Bonvino and Cullen Sinclair, and includes partner Suhan Shim and counsel Nathan Mitchell; intellectual property partner Chuck Googe; tax partner Robert Killip; litigation partners Aidan Synnott, John Carlin and Nicole Succar, and counsel Audrey Paquet, Benjamin Klein and Marques Tracy; executive compensation partners Lawrence Witdorchic and Reuven Falik; real estate partner Peter Fisch; antitrust partner Marta Kelly, and counsel Yuni Sobel, John Magruder and Todd Hahn; and environmental counsel William O'Brien.