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Mayer Brown represented Borchers Americas, Inc., a portfolio company of private equity firm The Jordan Company, on the acquisition of Owensboro Specialty Polymers, Inc. (OSP) from the Owensboro Specialty Polymers Employee Stock Ownership Plan. OSP is a North American market leader in the production of a specialty polymer barrier coating used in the flexible packaging, metal coatings, and oil & gas markets. In conjunction with the transaction, Borchers incurred an incremental term loan to fund the acquisition.

The Mayer Brown team was led by New York-based Corporate & Securities partner Phil Brandes and associate Colin Carley, and included lawyers from the firm’s Banking & Finance, Corporate & Securities, Employment & Benefits, Environmental, Government Relations & Public Law, Real Estate and Tax Transactions & Consulting practices in Brussels, Chicago, Houston and New York.