Covington Advises Joy Global on Acquisition of Montabert

Covington Advises Joy Global on Acquisition of Montabert

June 4, 2015

NEW YORK, June 4, 2015 — Covington acted as U.S. M&A and antitrust counsel to Joy Global, Inc., a leader in high-productivity mining solutions, on its French-law governed acquisition of Montabert S.A.S. from Doosan Holding France S.A.S., an affiliate of South Korean conglomerate Doosan Global, for EUR 110 million.
 
Montabert specializes in the production and distribution of high quality hydraulic rock breakers, pneumatic equipment, drilling attachments and drifters. The transaction closed on June 1, 2015.

The Covington team included Stephen Infante and Allison Schiffman on the corporate side, as well as James O’Connell and Miranda Cole on the antitrust side.