NEW YORK, Aug. 18, 2015 /PRNewswire/ -- Clifford Chance is advising Geodis SA on its acquisition of Ozburn-Hessey Logistics from private equity firm Welsh, Carson, Anderson & Stowe. Geodis has entered into an agreement to acquire OHL for an undisclosed amount.
Geodis — the fourth largest supply chain operator in Europe and the 13th largest world-wide — will significantly enhance its US freight forwarding and contract logistics offering with the acquisition. Tennessee-based OHL employs over 8,000 transportation and fulfilment professionals in the United States and specializes in the sectors of apparel, electronics, healthcare, food and beverage, and consumer packaged goods. OHL reported revenue of $1.31 billion in revenue last year.
For more information, click here: http://www.geodis.com/en/view-1716-communique.html/1961.
The cross-border Clifford Chance team advising Geodis on this strategic acquisition is led out of New York by corporate partner Benjamin Sibbett and associates Matthew Warner and Marissa Marco. Partner Philip Wagman is handling the tax aspects of the deal and partner Howard Adler is advising on ERISA concerns. Additional team members include:
Tim Cornell (partner, Washington, D.C.)
Brian Concklin (associate, Washington, D.C.)
George Kleinfeld (partner, Washington D.C.)
Jacqueline Landells (associate, Washington D.C.)
Yves Wehrli (partner, Paris)
Xavier Petet (avocat, Paris)
Ken Lee (associate, New York)
Amy Chen (associate, New York)
Joshua Wohl (associate, New York)
Rob Stone (counsel, New York)
Atul Jain (law clerk, New York)
Daryl Fairbairn (counsel, New York)
Jennifer Saionz (associate, New York)
Litigation & Dispute Resolution
Robert Myers (senior counsel, New York)
Vicky Manthas (counsel, New York)
Alan Kravitz (associate, New York)
Caroline Phillips (associate, New York)
Notes to Editors:
- Benjamin Sibbett's focus is on mergers and acquisitions and related securities as well as corporate law matters, representing U.S. and non-U.S. buyers, sellers and other stakeholders, including financial sponsors and strategic investors, in a broad range of negotiated domestic and cross-border transactions, including negotiated acquisitions and dispositions, leveraged buyouts, reorganizations, joint ventures and other strategic investments. He has been involved in transactions across a wide range of geographies and industries, with particular experience in healthcare and TMT sectors.
- Clifford Chance's corporate practice has 750 legal advisers worldwide. Lawyers advise on M&A, commercial contracts, competition and antitrust, funds, investment banking and private equity across a range of sectors including communications, energy, healthcare, financial institutions, funds, investment banking, insurance, media and technology. For more information please visit: http://www.cliffordchance.com/expertise/practice_area/corporate.html
- Clifford Chance is one of the world's pre-eminent law firms with significant depth and range of resources across five continents. As a single, fully integrated, global partnership, we pride ourselves on our approachable, collegiate and team based way of working. We always strive to exceed the expectations of our clients, which include corporates from all the commercial and industrial sectors, governments, regulators, trade bodies and not for profit organisations. We provide them with the highest quality advice and legal insight, which combines the firm's global standards with in-depth local expertise.
- Clifford Chance was ranked 'Band 1' in more cross-border tables than any other firm in the Chambers Global 2015 Directory. This independent analysis focuses on firms' legal ability, professional conduct, client service, and commercial awareness, and these rankings provide outstanding recognition for the firm's breadth of expertise and consistency of quality across global markets.
For further information about Clifford Chance see www.cliffordchance.com
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SOURCE Clifford Chance LLP