BLP advises Mid Europa Partners on sale of Calucem to ARGUS Capital
Berwin Leighton Paisner (BLP) has recently advised investment firm Mid Europa Partners (“Mid Europa”), on the sale of global cement supplier Calucem’s operating assets to private equity firm, ARGUS Capital Partners (ARGUS). Announced on 6 October 2010, this is the third deal BLP has advised Mid Europa on in the past two years.
Calucem has production facilities based in Croatia, and sales offices in Germany, the US and Singapore, they are leading suppliers of calcium aluminate to the global refractory and building chemistry industry.
Earlier this year, BLP advised Mid Europa on the acquisition of a stake in renewable energy leader, Energy 21, the largest developer and operator of solar power in Central and Eastern Europe. In 2009, BLP also advised Mid Europa on the acquisition of Slovenian cable and broadband operator, UPC Slovenia.
The BLP team was led by partner Robert Gross and assisted by associate Kiran Arora.
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