Global law firm Norton Rose Fulbright is advising J.P. Morgan Securities plc in its capacity as financial adviser to Schweitzer-Mauduit International, Inc. (“SWM”) on its £402.9 million recommended cash offer for Scapa Group plc (“Scapa”). The offer was announced on 27 January 2021 and will be made through a wholly-owned subsidiary of SWM, AMS Holdco 2 Limited.
SWM is a leading global performance materials company, serving end-markets that include filtration, transportation, infrastructure and construction, medical, industrial, tobacco, energy, food services and home décor. With operations in over 80 countries across four continents, and employing approximately 3,700 people worldwide, SWM is NYSE-listed with a market capitalisation of approximately $1.2 billion.
Scapa is listed on AIM and is the parent company of a diversified healthcare and industrial group focused on bringing best-in-class innovation, design and manufacturing solutions to its customers, with manufacturing and sales operations across North America, Europe and Asia.
The Norton Rose Fulbright team was led by partners Kit McCarthy and James Dunnett with support from partner Nigel Dickinson, consultant Ksenia Orlova, counsel Richard Blackburn and associate Florence Childs in London and partners Sean Corrigan and Marian Baldwin Fuerst in New York.