Shearman & Sterling is advising Lafarge in its sale of five aggregates quarries and related assets in Maryland (USA) to Bluegrass Materials for a total enterprise value of $320 million (equivalent to €235 million).
Lafarge is a world leader in building materials, employing 65,000 people in 64 countries. The company posted sales of €15.8 billion in 2012.
The Shearman & Sterling team includes partners Clare O’Brien (New York-Mergers & Acquisitions), John Cannon (New York-Executive Compensation & Employee Benefits), Jessica Delbaum (New York-Antitrust), Kristen Garry (Washington, DC-Tax), Chris Smith (New York-Real Estate), and Samuel Waxman (New York-Intellectual Property Transactions); counsel Sean Skiffington (Toronto-Mergers & Acquisitions) and Jason Pratt (New York-Environmental); and associates Raleigh Morgan (New York-Mergers & Acquisitions), Nader Dabbo (New York-Mergers & Acquisitions), Kelly Karapetyan (New York-Antitrust), Hee Jae Park (New York-Real Estate), Laura Mulry (New York-Environmental), Mary Jo Lang (Washington, DC-Tax) and Kerry Loree (New York- Executive Compensation & Employee Benefits).
