Cerberus Capital Management’s Acquisition of Cyanco


Debevoise & Plimpton LLP advised Cerberus Capital Management, L.P. on the deal

Cerberus Capital Management’s affiliate has entered into an agreement to acquire Cyanco Holding Corp. from funds managed by Oaktree Capital Management, L.P.

Cyanco is the largest global producer of sodium cyanide, a critical input in the gold and silver mining industry. Terms of the transaction, which is subject to customary conditions to closing, were not disclosed.

For the past three decades, Cyanco has been a trusted partner to the gold and silver mining industry, providing leading technology, best-in-class service, and exceptional safety in the application of sodium cyanide for precious metals mining. The company currently has manufacturing facilities in Nevada and Texas and delivery terminals in Wyoming, Quebec, and Mexico, enabling Cyanco to efficiently and reliably deliver its products to customers throughout the Americas and around the world.

Established in 1992, Cerberus Capital Management, L.P. is a global leader in alternative investing with more than US $34 billion under management across complementary credit, private equity, and real estate strategies. From its headquarters in New York City and network of affiliate and advisory offices in the U.S., Europe, and Asia, Cerberus has the on-the-ground presence to invest in multiple asset classes globally.

The Debevoise team is led by partner Kevin Rinker (Picture) and includes partners Michael Bolotin and Jeffrey E. Ross, counsel Judith L. Church and associates Christopher Anthony, Katherine E. Durnan, Michael Ronca and Harry Zirlin.

Involved fees earner: Kevin Rinker – Debevoise & Plimpton; Christopher Anthony – Debevoise & Plimpton; Katherine Durnan – Debevoise & Plimpton; Michael Ronca – Debevoise & Plimpton; Michael Bolotin – Debevoise & Plimpton; Jeffrey Ross – Debevoise & Plimpton; Judith Church – Debevoise & Plimpton; Harry Zirlin – Debevoise & Plimpton;

Law Firms: Debevoise & Plimpton;

Clients: Cerberus Capital;

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Author: Ambrogio Visconti