October 20, 2008
Baker & McKenzie Advises Gardner Denver, Inc on the Acquisition of CompAir Holdings
London/Chicago, October 20, 2008 - Baker & McKenzie LLP has advised Gardner Denver, Inc. (NYSE: GDI) on its purchase and successful completion on October 20, 2008 of the acquisition of CompAir Holdings Limited, a leading global manufacturer of compressed air and gas solutions. Total cash consideration paid to the selling shareholders was GBP 190.2 million. Including the repayment of certain outstanding debt and the assumption of CompAir's other net debt, which totaled approximately GBP 10.4 million on September 30, 2008, the total transaction value was approximately GBP 200.6 million.
The Baker & McKenzie team was led by Partners Peter Strivens (London) and Dieter Schmitz (Chicago) who were supported by lawyers from 18 of Baker & McKenzie’s offices in North and South America, Europe, Australia and the Asia Pacific.
Dieter Schmitz, Partner, Chicago
Peter Strivens, Partner, London
Katie Janssen, Marketing & Communications Coordinator, Chicago
Daniela Conte, Marketing & PR Manager, London
+1 312 861 8848
+44 (0)207 919 1725
+1 312 861 8047
+44 (0)20 7919 1526
schmitz@bakernet.com
peter.strivens@bakernet.com
katharine.m.janssen@bakernet.com
daniela.conte@bakernet.com