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October 27, 2005
WASHINGTON, D.C., October 27, 2005 - Covington & Burling represented JLG Industries, Inc. in its global alliance with Caterpillar Inc., the Illinois-based manufacturer of construction and mining equipment. Under the multi-faceted alliance, JLG will purchase Caterpillar's telehandler assets located principally in Europe and develop and manufacture a full line of Caterpillar branded telehandlers using Caterpillar-supplied engines and other components. The machines will be marketed and sold by JLG through Caterpillar's global independent dealer network. The deal is expected to close before the end of the year.
JLG is the world's leading producer of access equipment, such as mobile aerial work platforms and telehandlers. JLG currently manufactures telehandlers marketed under the JLG®, Sky Trak®, Gradall®, and Lull® trademarks.
The Covington team was led by W. Andrew Jack and included corporate lawyers Matthew Dowd in Washington and Hilary Prescott and Philip Davies in London. David Hinds in London provided tax advice. Harvey Applebaum and James Dean in Washington and David Hull in Brussels worked on antitrust and competition law matters. Andrea Reister, Lee Tiedrich, and Marie Lavalleye counseled on the intellectual property aspects of the agreements.