Case Studies

Acquisition, Refinancing, and Spin-off of Non-core Assets for West Virginia-based Beverage Distributor

We assisted a growing West Virginia-based beverage distributor through a series of strategic transactions in 2016 and 2017, including the acquisition of distribution rights, real estate, and inventory from a distributor in an adjacent territory with operations in two different markets in West Virginia. This acquisition made our client one of the largest beverage distributors in the state.

Our assistance included the negotiation of a new credit facility to finance the acquisition and to re-finance existing debt, as well as the sale of distribution rights and inventory of our client’s Ohio and Kentucky franchises. We also provided guidance on the reorganization of their corporate structure in order to permit more streamlined post-closing operations and additional future growth, as well as tax strategy and transition issues.

Acquisition of Polyolefin Films Plant and Related Business Assets from Public Company

Through the end of 2014 into early 2015, we advised Brazil-based packaging manufacturer Valfilm on all aspects of a multi-million dollar acquisition of a polyolefin films plant in Findlay, Ohio, as well as related business assets, from The Dow Chemical Company. This included providing guidance on transaction and organizational structures, tax credits, intellectual property matters, real estate issues and environmental compliance. We also assisted with risk management and transition and post-closing operations.

Valfilm took ownership of the plant in early 2015 with plans to double its employment.

Leasing + Negotiation for Ohio-Based Retail Foodservice Company

Our lawyers are representing an Ohio-based national leader in artisan ice cream products as real estate counsel in connection with its leasing of retail locations throughout the United States.