BOSTON (February 28, 2013) — International law firm McDermott Will & Emery LLP represented Barnes Group Inc. (NYSE:B), an international aerospace and industrial manufacturing and service provider, in connection with a definitive agreement providing for the sale of the Barnes Distribution North America business (“BDNA”) to MSC Industrial Direct Co., Inc. (“MSC”) for $550 million, subject to certain adjustments.
The BDNA Business provides inventory management services and customized supply chain solutions for maintenance, repair and operating supplies principally in the United States and Canada.
“We are delighted to have the opportunity to advise our long-time client the Barnes Group on the sale of the BDNA business to MSC,” said Ryan D. Harris, McDermott partner and lead on the transaction. “Working with the superb team at the Barnes Group, we together seek to ensure this transaction will be successfully completed in the most efficient and strategic way possible.”
The McDermott team also included Barnes relationship partner David A. Cifrino, partners Dan Zucker, Mark Bilut, John Huang, Carla Hine, and Joanne Ludovici, as well as associates Emily Harring, Dan Goldstein and David Neville.
About Barnes Group Inc.
Founded in 1857, Barnes Group Inc. (NYSE:B) is an international aerospace and industrial manufacturing and service provider, serving a wide range of end markets and customers. The products and services provided by Barnes Group are used in far-reaching applications that provide transportation, communication, manufacturing and technology to the world. Barnes Group's approximately 5,100 dedicated employees, at more than 50 locations worldwide, are committed to achieving consistent and sustainable profitable growth. For more information, visit www.BGInc.com.
About McDermott Will & Emery
McDermott Will & Emery is a premier international law firm with a diversified business practice. Numbering more than 1,100 lawyers, we have offices in Boston, Brussels, Chicago, Düsseldorf, Frankfurt, Houston, London, Los Angeles, Miami, Milan, Munich, New York, Orange County, Paris, Rome, Seoul, Silicon Valley and Washington, D.C. Further extending our reach into Asia, we have a strategic alliance with MWE China Law Offices in Shanghai.