Weil advised Apergy Corporation (n/k/a ChampionX Corporation), a provider of equipment and technologies that improve O&G drilling and production efficiency and safety, in a Reverse Morris Trust acquisition of ChampionX (f/k/a Nalco Champion), a supplier of sustainable chemistry programs and services to upstream and midstream O&G operators, from Ecolab Inc. creating an entity with a combined $7.4 billion enterprise value. The transaction closed June 4, 2020.
The Weil team advising Apergy is led by Mergers & Acquisitions partner Michael J. Aiello and includes Mergers & Acquisitions partner Sachin Kohli, counsel Megan Pendleton and associates Alex Bauer, Alex Walsh and Will Schoof (Not Yet Admitted in New York). The team also includes Tax Head Joe Pari; Tax partner Graham Magill; Environmental Head Annemargaret Connolly; Banking & Finance Head Douglas Urquhart and Banking & Finance partner Vynessa Nemunaitis; Capital Markets partner Heather Emmel; Executive Compensation & Benefits Head Paul Wessel; Technology & IP Transactions partner Karen Ballack; Antitrust Head Steven Newborn; Product Liability/Mass Tort/Environmental Head Arvin Maskin; Environmental counsel Matthew Morton; White Collar Defense, Regulatory and Investigations counsel Adam Safwat; Product Liability/Mass Tort/Environmental counsel Carolyn Davis; Tax associates Jacob Meninga and Blake Bitter; Banking & Finance associate Libby Vinson; Executive Compensation & Benefits associate Tamara Roth; Technology & IP Transactions/Privacy associates Dennis Adams and Seowoo Kim; Real Estate attorney Leslie Smith; White Collar Defense, Regulatory and Investigations associates Greg Chafuen and Cecile Casali; and Employment Litigation associate Justin DiGennaro.