Brunswick’s Acquisition of Power Products’ Global Marine & Mobile Business

On June 29, 2018, Brunswick Corporation (“Brunswick”) announced that it has entered into a definitive agreement to acquire Power Products’ Global Marine & Mobile business, which includes the global marine, specialty vehicle, mobile, industrial power and transportation aftermarket products businesses of Power Products, for $910 million in cash. Cravath is representing Brunswick in connection with the transaction.

The Cravath team is led by partner Robert I. Townsend III and includes associates Matthew L. Ploszek, Quinn Wetherall and Saagar Kaul on M&A matters; associate Alison E. Beskin on executive compensation and benefits matters; partners Andrew W. Needham and Christopher K. Fargo, senior attorney Andrew Carlon and associate Andrew T. Davis on tax matters; partner Margaret Segall D'Amico, associate A. Maya Khan and foreign associate attorney Stephanie The on antitrust matters; partners Michael S. Goldman and Andrew J. Pitts, senior attorney Christopher J. Kelly and associates Amber Lam, Steven Y. Li and Samantha B. Zager on financing matters; partner Matthew Morreale on environmental matters; senior attorney Joyce Law and practice area attorney Laurel R. Berkowitz on real estate matters; and practice area attorney Anthony N. Magistrale and associate Jessica M. Goodman on intellectual property matters. Summer associate Karan Zoria also worked on M&A matters.