Press Release
K&L Gates Advises Management on First Reserve's Acquisition of Weir Group Plc's Flow Control Division
28 February 2019
Global law firm K&L Gates LLP has acted for the management team of Weir Group Plc's Flow Control division on First Reserve’s £275m purchase of the division in a transaction which is expected to complete in Q2 2019, subject to regulatory approvals.
Weir Group Plc’s Flow Control division provides highly engineered pumps, valves and other solutions used in downstream, midstream, utility and industrial sectors, as well as related aftermarket parts and services.
First Reserve is a leading global private equity investment firm focused exclusively on energy.
David Paradis, CEO, stated: "It has been great working with James Cross of K&L Gates. James’ experience and advice have been valuable to the management team as we worked through the process.”
Weir Group Plc’s Flow Control division provides highly engineered pumps, valves and other solutions used in downstream, midstream, utility and industrial sectors, as well as related aftermarket parts and services.
First Reserve is a leading global private equity investment firm focused exclusively on energy.
David Paradis, CEO, stated: "It has been great working with James Cross of K&L Gates. James’ experience and advice have been valuable to the management team as we worked through the process.”
K&L Gates is a fully integrated global law firm with lawyers located across five continents. The firm represents leading multinational corporations, growth and middle-market companies, capital markets participants and entrepreneurs in every major industry group as well as public sector entities, educational institutions, philanthropic organizations and individuals.
