Harsco acquires steel mill services business for $229 million
Clients Harsco Corporation
Jones Day advised Harsco Corporation, a worldwide industrial services and products company, in its $229 million acquisition of the Northern Hemisphere steel mill services operations of Brambles Industrial Services (BIS), a unit of Sydney, Australia-based Brambles Industries Limited.
Operating under long-term contracts at some 19 locations in the U.K., France, Holland and the U.S., the operations add to the global breadth and scope of Harsco's Mill Services segment, expanding its provision of on-site, outsourced mill services to the steel and metals industries to approximately 180 sites in 32 countries. In addition to M&A representation, Jones Day provided employee benefits, environmental, labor and employment, real estate, and tax advice regarding this transaction.