EnPro Completed divestiture of GGB

Tue 01 Nov 2022 Commercial, Corporate, M&A

EnPro is a leading industrial technology company focused on critical applications across many end-markets, including semiconductor, photonics, industrial process, aerospace, food and pharma and life sciences. EnPro is listed on the New York Stock Exchange. EnPro completed the divesture of its GGB business to The Timken Company in early November 2022 for a total proceed of USD 305 million subject to adjustments.

Chabrier assisted Bird&Bird for the Swiss aspects of the transaction. The team included Manuel Bianchi della Porta, M&A Partner, and Daima Vuilleumier, M&A Associate.