Mayer Brown advises BENTELER Group on the sale of its hot rolling mill in Shreveport, Louisiana, USA, by way of share deal to Tenaris. The sale is subject to regulatory approvals and is expected to be completed by the end of 2022.
The plant is one of North America’s most modern and efficient hot rolling mills producing steel tubes for the US market.
Mayer Brown is a long-term legal advisor of BENTELER Group. Mayer Brown has previously advised BENTELER in relation to the project development of the Shreveport hot rolling mill.
The Mayer Brown team was led by Corporate & Securities partners Dr. Joachim Modlich (Düsseldorf) and Esther Chang (Chicago), and included: Corporate & Securities – senior associate Stefanie Skoruppa (Frankfurt), associates Pete R. Osornio and Courtney C. Seitz (both Chicago); Antitrust & Competition – partner Scott P. Perlman (Washington), counsel Sarwenaz Kiani and senior associate Matthias Jannausch (both Düsseldorf); Technology & IP Transactions – partner Paul A. Chandler and associate Laura S. Buchanan (both Chicago); Tax Transactions & Consulting – partner Remmelt Reigersman (Palo Alto) and associate Brennan W. Young (Charlotte); Employment & Benefits – partner Stephanie B. Vasconcellos and Keane J. Garcelon (both Chicago); Litigation & Dispute Resolution – partner Kim A. Leffert and counsel Maritoni D. Kane (both Chicago) as well as senior associate Marjan A. Batchelor (Houston); Government & Global Trade – partner Joanna K. Horsnail (Chicago); Real Estate – partner David B. H. Saye (Charlotte).