Kohler in Lombardini Acquisition
May 5, 2007
Cleary Gottlieb represented Kohler Corporation in its acquisition of the Lombardini Group from Mark IV Luxembourg S.a.r.l., a subsidiary of Mark IV Industries Inc. The agreement was signed on May 5 and the deal is expected to close in the early summer, subject to regulatory approval.
Headquartered in Reggio Emilia, Italy, the Lombardini Group manufactures small diesel, gas, and petrol engines at five European and Asian plants for use by the industrial, transportation, agriculture, marine and light construction industries.
Kohler, headquartered in Kohler, Wisconsin, is a leading global manufacturer of kitchen and bath products, engines, power generation systems, cabinetry, tile and home interiors, and also operates award winning, world-class hospitality and golf destinations in the U.S. and Europe.
Mark IV Industries is a global diversified manufacturer of highly engineered systems and components for transportation infrastructure, vehicles and equipment. Leading pan-European private equity firm BC Partners advises the funds holding majority control of Mark IV.