American Industrial Partners’ Acquisition of Aleris from Novelis Inc.

Baker Botts LLP and Ropes & Gray advised American Industrial Partners on the deal.

Commonwealth Rolled Products, a portfolio company of American Industrial Partners, has completed its acquisition of Aleris’ former Lewisport automotive and common alloy aluminum rolled products plant from Novelis Inc. Novelis was required to divest the Lewisport plant and a research facility in Madison Heights, Michigan under the terms of a Final Judgment entered by a federal district court after the Department of Justice’s successful litigation challenging the Novelis/Aleris merger on antitrust grounds.

American Industrial Partners is an operationally oriented private equity firm that makes control investments in industrial businesses serving domestic and global markets. The firm has deep roots in the industrial economy and has been active in private equity investing since 1989.

The Baker Botts antitrust team, which provided counsel for AIP on this transaction, was led by partner Paul Cuomo (Picture) and associate Steven Pet.

The Ropes & Gray team advising American Industrial Partners was led by private equity partners Bob Rivollier and Daniel Evans as well as private equity associate Douglas Giannantonio (all of New York), employment, executive compensation & benefits partners Alexandra Alperovichand Megan Bisk (both of Boston), finance partner Stefanie Birkmann (New York), real estate partners Peter Alpert and Alison Rundlett (both of Boston) and IP transactions partner Violetta Kokolus (New York).

Involved fees earner: Paul Cuomo – Baker Botts; Steven Pet – Baker Botts; Alexandra Alperovich – Ropes & Gray; Peter Alpert – Ropes & Gray; Stefanie Birkmann – Ropes & Gray; Megan Bisk – Ropes & Gray; Daniel Evans – Ropes & Gray; Doug Giannantonio – Ropes & Gray; Violetta Kokolus – Ropes & Gray; Bob Rivollier – Ropes & Gray; Alison Rundlett – Ropes & Gray;

Law Firms: Baker Botts; Ropes & Gray;

Clients: Commonwealth Rolled Products;

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Author: Ambrogio Visconti