Trienda Holdings, L.L.C.’s acquisition of the PendaForm Company

Von Wobeser y Sierra, Kirkland & Ellis, Santamarina y Steta and Quarles & Brady have advised on the deal

Trienda Holdings, L.L.C. (“TriEnda”) acquired The PendaForm Company (“PendaForm”) and will operate under Kruger Brown Holdings, LLC (the “Parent Company”, collectively with TriEnda and PendaForm, the “Company”). Kruger Brown Holdings, LLC is majority owned through affiliates by TriEnda CEO, John Brown, TriEnda President, David Kruger and Non-Executive Chairman, Warren Kruger. John Brown will become the new Chief Executive Officer of PendaForm and David Kruger will become the new President of PendaForm.

TriEnda and PendaForm create a unique partnership with world-class engineering and manufacturing capabilities. The Company is the largest heavy-gauge thermoformer in North America; it will boast 47 heavy-gauge thermoforming machines and 13 extrusion lines with a 14th extrusion line planned for 2017. The Company sees a bright future for their current customer base with the ability to deliver new solutions and different product lines in the future. There are endless possibilities given PendaForm’s customer base and capabilities coupled with TriEnda’s material expertise. David Kruger sees many of the same characteristics at PendaForm that he saw when they acquired TriEnda.

Santamarina y Steta has advised Kruger Brown Holdings, LLC with a team including Pablo Laresgoiti and Iván Szymanski.

Quarles & Brady has advised Kruger Brown Holdings, LLC with Patrick H. Taylor.

Von Wobeser y Sierra has advised The PendaForm Company with Luis Burgueño Colín. Asociada Laura Maldonado Ferrer.

In US, Kirkland & Ellis has advised The PendaForm Company with Walter Holzer (Picture), Gregory A. Bauer and Melanie B. Harmon.

Involved fees earner: Patrick Taylor – Quarles & Brady; Pablo Laresgoiti – Santamarina y Steta; Iván Szymanski – Santamarina y Steta; Luis Burgueño – Von Wobeser y Sierra SC; Laura Maldonado – Von Wobeser y Sierra SC; Walter Holzer – Kirkland & Ellis; Melanie Harmon – Kirkland & Ellis; Gregory Bauer – Kirkland & Ellis;

Law Firms: Quarles & Brady; Santamarina y Steta; Von Wobeser y Sierra SC; Kirkland & Ellis;

Clients: PendaForm Company; Kruger Brown Holdings, LLC;


Author: Ambrogio Visconti.