On February 6, 2003, Bristol, Connecticut-based Barnes Group Inc. acquired the U.S. and Canadian businesses of Des Plaines, Illinois-based Kar Products and A&H Bolt and Nut Company Ltd. for a combination of cash and Barnes common stock valued at US$78.5 million. Barnes Group is a diversified, international marketer of precision metal parts and a distributor of industrial supplies. Kar Products and A&H Bolt and Nut are full-service distributors of maintenance, repair and operating supplies to industrial, construction, transportation and other markets.
The Barnes Group legal team was led by Nancy Clark, assistant corporate counsel, and supported in Canada, by Fraser Milner Casgrain LLP with a team led by Don Luck (corporate/M&A), Chris Steeves (tax), Paul Shantz (real estate/environmental), Catherine Osborne (labour/employment) and Mark Rowbotham (pension/benefits), and Richard Hirsch and John Hope of Stewart McKelvey Stirling Scales in Halifax, and in the U.S., by Nixon Peabody LLP with a team led by Jim Bourdeau and Julianne Oehlbeck (corporate/M&A), Christian McBurney (tax), Elyse Gilman (real estate), Jean McCreary (environmental) and Brian Kopp (employee benefits).
The vendors, entities controlled by Glencoe Capital, were represented in Canada, by Osler Hoskin & Harcourt LLP with a team that included Andrew Kingissepp and Simon Thompson (tax), Peter White (real estate), Steve Arnold and John Groenewegen (corporate), Landon Young (labour and employment) and Evan Howard (pensions and benefits), and in the U.S., by Latham & Watkins LLP with a team that included Mark Gerstein, Thomas Keim, Jr., Richard Parker and Mia DiBella (corporate), Steve Bowen and Diana Doyle (tax), Robin Struve (benefits), Karl Karg (environmental), Jeffrey Moran (finance), Timothy Higginson (intellectual property), Marc Williamson and Mereke Carrizosa (antitrust) and Joshua Stein (real estate).
The Barnes Group legal team was led by Nancy Clark, assistant corporate counsel, and supported in Canada, by Fraser Milner Casgrain LLP with a team led by Don Luck (corporate/M&A), Chris Steeves (tax), Paul Shantz (real estate/environmental), Catherine Osborne (labour/employment) and Mark Rowbotham (pension/benefits), and Richard Hirsch and John Hope of Stewart McKelvey Stirling Scales in Halifax, and in the U.S., by Nixon Peabody LLP with a team led by Jim Bourdeau and Julianne Oehlbeck (corporate/M&A), Christian McBurney (tax), Elyse Gilman (real estate), Jean McCreary (environmental) and Brian Kopp (employee benefits).
The vendors, entities controlled by Glencoe Capital, were represented in Canada, by Osler Hoskin & Harcourt LLP with a team that included Andrew Kingissepp and Simon Thompson (tax), Peter White (real estate), Steve Arnold and John Groenewegen (corporate), Landon Young (labour and employment) and Evan Howard (pensions and benefits), and in the U.S., by Latham & Watkins LLP with a team that included Mark Gerstein, Thomas Keim, Jr., Richard Parker and Mia DiBella (corporate), Steve Bowen and Diana Doyle (tax), Robin Struve (benefits), Karl Karg (environmental), Jeffrey Moran (finance), Timothy Higginson (intellectual property), Marc Williamson and Mereke Carrizosa (antitrust) and Joshua Stein (real estate).