Simpson Thacher Represents Ingersoll-Rand in the Acquisition of the Centrifugal Compression Division of Cameron International Corporation
08.18.14
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Simpson Thacher is representing Ingersoll-Rand plc (NYSE: IR) in connection with the acquisition of the assets of Cameron International Corporation's (NYSE:CAM) Centrifugal Compression division for $850 million. The division provides centrifugal compression equipment and aftermarket parts and services for global industrial applications, air separation, gas transmission and process gas. The acquisition is expected to close before the end of the year, subject to regulatory approval.
The Simpson Thacher team includes Ravi Purushotham, Randy Benjenk and Taylor Smith (M&A); David Rubinsky, Paul Koppel, Jeannine McSweeney and Eric Wolf (Executive Compensation and Employee Benefits); Devin Heckman (Tax); Marcela Robledo (Intellectual Property); Adeeb Fadil (Environmental); and Beatrice Branch (Real Estate).