Greenhill has considerable transaction experience and a global network of corporate relationships in the Industrial sector.  Our managing directors and professionals in North America, the United Kingdom, Continental Europe, Australia and Japan have executed many of the most significant and complex transactions for some of the leading companies.

Our broad experience in the Industrial sector includes the following areas: transportation; capital goods and equipment; chemicals; diversified industrials; electrical and fluid power products; packaging and forest products; and specialty machinery and engineered products.

Below we highlight a few of the transactions on which we have advised in this area:

DATE	$		COMPANY/ASSET ACQUIRED		ACQUIROR
01-May-2013	NA		Jeminex’s Industrial & Safety division Advised AMP Capital on the sale of Jeminex’s Industrial & Safety division, Australia’s second largest industrial and safety business with branches across Australia, to Bunzl plc		Bunzl plc
26-Apr-2013	$313 million		Azelis S.A. Advised Azelis S.A., a Pan-European distributor of specialty chemicals owned by funds managed by 3i plc, on its covenant reset and a two year maturity extension of its €240m syndicated debt package
25-Apr-2013 Pending	$3.8 billion		GrainCorp Limited Advising GrainCorp Limited on the unsolicited takeover offer from Archer Daniels Midland Company, a global agribusiness that converts oilseeds, corn, wheat and cocoa into products for food, animal feed and energy uses		Archer Daniels Midland Company
21-Dec-2012	$3.7 billion		NewPage Corp. Advised Stora Enso Oyj, a global paper, packaging and wood products producer headquartered in Helsinki, Finland, in connection with the Chapter 11 proceeding of NewPage, the largest North American coated-paper manufacturer
21-Dec-2012	$75 million		Australian Portable Buildings Advised CHAMP Ventures on the sale of its portfolio company Australian Portable Buildings, a leading Australian manufacturer of customized modular buildings, to a consortium comprising Black Diamond Group and WEQ Britco		Black Diamond Group Limited and WEQ Britco LP
07-Dec-2012	$43 million		Champion Flour Limited Advised Goodman Fielder, a leading Australian listed food company, on the sale of its New Zealand flour milling business, Champion Flour, to Nisshin Seifun Group Inc.		Nisshin Seifun Group Inc.
23-Nov-2012	NA		SAS Group Advised the Norwegian Government in relation to some specific issues in connection with the restructuring of SAS, the leading airline group in Northern Europe		Norwegian Government
03-Oct-2012	NA		Guardian Industries Advised the Special Committee of the Board of Directors of Guardian Industries, one of the world’s leading glass manufacturers, in connection with its recapitalization and sale of a minority stake to Koch Industries		Koch Industries
27-Sep-2012	$268 million		Alesco Corporation Limited Advised Alesco, a supplier of building products into the Australian and New Zealand markets, on the unsolicited takeover offer from DuluxGroup, a manufacturer and supplier of paints and other surface coatings, and home improvement and garden care products		DuluxGroup Limited
20-Sep-2012	$1.0 billion		Becker Underwood Advised Norwest Equity Partners on the sale of its portfolio company Becker Underwood, a global leader in the development and commercialization of yield-improving seed-applied biological products for the Agricultural market, to BASF, the world’s largest chemical company		BASF
30-Aug-2012	$4.9 billion		Performance Coatings division of E. I. DuPont de Nemours and Company Advised E. I. Du Pont de Nemours and Company, a global diversified chemicals company, on the sale of its Performance Coatings division to an affiliate of The Carlyle Group, a leading private equity firm		The Carlyle Group
28-Aug-2012	$177 million		Goodman Fielder’s Australian and New Zealand edible fats and oils business (Integro) Advised Goodman Fielder, Australia’s leading listed food company, on the divestment of its Australian and New Zealand edible fats and oils business to a joint venture between Graincorp, an ASX listed international agribusiness company, and Gardner Smith		Graincorp
21-May-2012	NA		Polar Ware Company Advised Polar Ware Company, a food equipment company with a broad product portfolio including soft-serve ice cream and frozen yogurt machines and food serving equipment and smallwares, on its sale to The Vollrath Company, a manufacturer of foodservice products		The Vollrath Company
28-Mar-2012	$10.4 billion+		Flow Control Business of Tyco International Ltd. Provided fairness opinion to the Board of Directors of Pentair, Inc. in connection with its all-stock merger with Tyco Flow Control, a division of Tyco International Ltd. (+Transaction value represents enterprise value of combined entity)		Pentair, Inc.
07-Mar-2012	$256 million		Aperio Group Advised Catalyst Investment Managers on the sale of its portfolio company Aperio Group, Australasia’s leading manufacturer of flexible packaging products, to Amcor Limited, a global leader in packaging solutions		Amcor Limited
01-Mar-2012	NA		Minority stake in Stadler Rail Advised Capvis, one of the leading buyout firms in Switzerland and one of the main mid-market private equity firms in German-speaking Europe, on the staged exit from of its 20% minority stake in Stadler Rail, by selling to Peter Spuhler, CEO and majority shareholder in Stadler Rail		Peter Spuhler
29-Nov-2011 Pending	NA		Pension Benefit Guaranty Corporation Advising the Pension Benefit Guaranty Corporation (“PBGC”) in connection with the Chapter 11 filing of AMR Corporation, the parent company of American Airlines, Inc. and American Eagle Airlines, Inc.
17-Nov-2011	$860 million		MeadWestvaco’s Consumer & Office Products Division Provided fairness opinion to the Board of Directors of MeadWestvaco Corporation on the spin-off and subsequent merger of its Consumer & Office Products Division with ACCO Brands Corporation		ACCO Brands Corporation
10-Nov-2011	$318 million		MSF Sugar Advised MSF Sugar, Australia’s third largest producer and second largest exporter of sugar, on an acquisition proposal from Mitr Phol Sugar Corp. of Thailand at an offer value of ~31% premium to previous close		Mitr Phol Group
10-Aug-2011	$65 million		Grupo Aeromexico S.A. de C.V Advised Delta Air Lines, Inc. in connection with its strategic minority investment in Grupo Aeromexico S.A. de C.V		Delta Air Lines, Inc.
19-Jul-2011	$418 million		Lochinvar Corporation Advised A. O. Smith Corporation, a leading manufacturer of water heating equipment, water treatment products and water system tanks, on the acquisition of Lochinvar Corporation, a private manufacturer and distributor of high efficiency boilers		A. O. Smith Corporation
22-Jun-2011	NA		KemFine Group Oy Advised 3i on the disposal of KemFine Group Oy, a leading custom manufacturer of fine chemicals, to CABB AG		CABB AG
15-Mar-2011	NA		CABB GmbH Advised Bridgepoint Advisors Limited on the acquisition of CABB GmbH, a German global provider of fine and specialty chemicals and custom manufacturing solutions		Bridgepoint Advisors Limited
07-Feb-2011	$548 million		Wesco Financial Corporation Advised the Special Committee of Wesco Financial Corporation in connection with Berkshire Hathaway Inc.'s proposal to acquire the remaining 19.9% of the shares of Wesco’s common stock that it does not presently own		Berkshire Hathaway Inc.
15-Jan-2011	$105 million		telerob Holding GmbH Advised the shareholders of telerob Holding GmbH, a German-based market leader in the development and manufacture of advanced bomb disposal robots and integrated threat response vehicles, on the sale of the Company to Cobham plc, the UK-based, internationally operating aerospace, defence and security technology group		Cobham plc
11-Jan-2011	$220 million		Constar International, Inc. Advised Constar International, Inc., a plastic packaging manufacturer, in connection with its pre-arranged Chapter 11 proceedings
13-Dec-2010	$875 million		Electrical Products Division of A. O. Smith Corporation Advised A. O. Smith Corporation on the sale of its Electrical Products Company, a manufacturer of a comprehensive line of electric motors, to Regal Beloit Corporation, a leading manufacturer of electrical and mechanical motion control products		Regal Beloit Corporation
01-Dec-2010	$100 million		Clyde Process Solutions plc Advised S-Process Equipment International S.à r.l. (“Schenck Process”), a global leader in bulk material handling, providing applications incorporating weighing, feeding, screening and automation solutions, on its acquisition of Clyde Process Solutions plc, a global provider of pneumatic conveying and air filtration solutions for process industries		S-Process Equipment International S.à r.l. (Schenck Process)
01-Dec-2010	NA		Planar Solutions, LLC Advised Wacker Chemie AG on the sale of Wacker Chemical Corporation’s 50% equity stake in Planar Solutions LLC, a dedicated CMP slurry manufacturer, to its JV partner, FUJIFILM Corporation		FUJIFILM Corporation
10-Nov-2010	NA		Pension Benefit Guaranty Corporation Advised the Pension Benefit Guaranty Corporation ("PBGC") in connection with its claim in Chemtura’s Chapter 11 proceeding
16-Sep-2010	NA		KemFine UK Ltd Advised KemFine Group Oy, a 3i portfolio company, on the sale of its UK-based fine chemicals business, KemFine UK Ltd, to AURELIUS AG		AURELIUS AG
07-Aug-2010	$220 million		Environmental Systems Products Advised Environmental Systems Products Holdings with its out-of-court restructuring
28-Jun-2010	$336 million		Scott Wilson Group plc Advised Scott Wilson Group plc, a LSE listed global integrated design and engineering consultancy, on its sale to URS Corporation, a global provider of engineering, construction and technical services		URS Corporation
14-Jun-2010	$82 million		Bemis Company, Inc. (certain of its recently acquired packaging assets) Advised Bemis Company, Inc. on the sale of certain of its recently acquired flexible packaging assets as required by the U.S. Department of Justice as a condition to the closing of its $1.2 billion acquisition of the Alcan Packaging Food Americas business (business unit of Rio Tinto plc)		Exopack Holding Company
30-Apr-2010	NA		Pension Benefit Guaranty Corporation Advised the Pension Benefit Guaranty Corporation ("PBGC") in connection with its claim in Lyondell’s Chapter 11 proceeding
26-Apr-2010	$1.5 billion		Chloride Group plc Advised Emerson Electric Co., a diversified global technology and industrial company, on its acquisition of Chloride Group plc, a manufacturer of uninterruptible power supply (UPS) systems		Emerson Electric Co.
09-Feb-2010	$672 million		SAS Group Advised the Norwegian Government on strategic and financial matters in relation to a refinancing including a conditional capital injection in SAS, the leading airline group in Northern Europe		Norwegian Government
20-Dec-2009	$1.3 billion		Mining Division of Terex Corp. Advised Bucyrus International, Inc., a global mining equipment manufacturer, on the acquisition of the mining division of Terex Corp., a diversified equipment company		Bucyrus International
27-Oct-2009	$325 million		Fleetwood Enterprises, Inc. Advised Fleetwood Enterprises, Inc. on the sale of substantially all of its assets, pursuant to multiple Section 363 sales		Various
06-Oct-2009	$1.2 billion		Avocent Corporation Advised Emerson Electric Co., a diversified global technology and industrial company, on its acquisition of Avocent Corporation, a manufacturer of software and hardware products		Emerson Electric Co.
06-Oct-2009	NA		Pension Benefit Guaranty Corporation Advised the Pension Benefit Guaranty Corporation ("PBGC") on Delphi’s reorganization and the structure and terms of the PBGC’s recovery on account of Delphi’s pension plan termination
14-Aug-2009	$724 million		NCI Building Systems, Inc. Advised NCI Building Systems, Inc., one of North America’s largest integrated manufacturers and marketers of metal products for the non-residential construction industry, on its financial restructuring, which included a majority investment by CD&R and a restructuring of NCI’s outstanding debt
29-Jul-2009	$573 million		Rexam plc Acted as Financial Adviser and Joint Sponsor to Rexam plc, a leading global consumer packaging group, on its rights issue
16-Jul-2009	NA		Pension Trustees of Galiform PLC Advised the Pension Trustees of the Galiform PLC Defined Benefit Pension Scheme to negotiate a revised schedule of payments to fund its deficit
05-Jul-2009	$1.2 billion		Alcan Packaging’s Food Americas business (business unit of Rio Tinto plc) Advised Bemis Company, Inc., a global supplier of flexible packaging and pressure sensitive materials, on its acquisition of Alcan Packaging’s Food Americas business		Bemis Company, Inc.
04-May-2009	NA		Constar International Inc. Advised Constar International Inc. in connection with its pre-arranged Chapter 11 proceedings
30-Apr-2009	NA		Chrysler LLC Advised Chrysler in connection with the chapter 11 proceedings to effectuate the sale of substantially all of its operating assets and certain liabilities to a newly created entity that will be jointly owned by Fiat S.p.A., the VEBA Trust (responsible for the healthcare benefits of current and former employees of Chrysler), the US Treasury and the Canadian government
29-Apr-2009	NA		U.S. Shipping Partners L.P. Advised U.S. Shipping Partners L.P. in connection with its pre-arranged Chapter 11 proceedings
19-Mar-2009	$349 million		Inchcape plc Provided financial advice to Inchcape, the leading independent international automotive retailer, on its assessment of funding and strategic options, resulting in a significant rights issue to strengthen the balance sheet
09-Mar-2009	$18.6 billion		Rohm & Haas Company Advised The Dow Chemical Company during its negotiations pertaining to the Rohm & Haas settlement resolution		The Dow Chemical Company
03-Feb-2009	$717 million		SAS Group Advised the Norwegian Government in relation to a capital injection in SAS, the leading airline group in Northern Europe		Norwegian Government
12-Oct-2008	$6.0 billion		Hapag-Lloyd AG Advised TUI AG, Europe’s largest tourism company, on its sale of its shipping division Hapag-Lloyd AG, one of the leading global container shipping companies		Albert Ballin KG
08-Oct-2008	NA		MAN Ferrostaal AG Advised MAN AG in relation to its 70% sale of MAN Ferrostaal AG, a worldwide supplier of industrial services for the construction of large-scale industrial plants and machine supply, to International Petroleum Investment Company (IPIC)		International Petroleum Investment Company (IPIC)
14-Apr-2008	$17.7 billion+		Northwest Airlines Advised Delta Air Lines in connection with its merger with Northwest Airlines (+Transaction value represents enterprise value of combined entity)		Delta Air Lines
19-Feb-2008	$1.7 billion		TimberStar Southwest Advised Hancock Timber Resource Group, the largest global timber investment management organization, on its acquisition of TimberStar Southwest, which owns and manages 900,000 acres of timberlands located in Arkansas, Louisiana and Texas		Hancock Timber Resource Group
11-Oct-2007	$1.2 billion		Foseco plc Advised Foseco plc, a provider of consumables to the Foundry and Steel industries, on a recommended cash offer from Cookson Group plc		Cookson Group plc
13-Aug-2007	$185 million		Central Lewmar LLC Advised Central Lewmar, a leading distributor of paper and packaging in the United States, on its sale to International Paper’s xpedx distribution business		International Paper Co.
31-Jul-2007	$491 million		DEUTZ Power Systems Sole advisor to DEUTZ AG on the divestiture of its division DEUTZ Power Systems, a leading manufacturer of gas fired engines for decentralized power generation		3i
18-Jul-2007	NA		SF-Chem AG Sole advisor to CABB, a leading producer of monochloroacetic acid and related specialty intermediates, on the acquisition of SF-Chem, a manufacturer of chlorine and sulphur specialty intermediates		CABB GmbH
03-May-2007	$8.5 billion		IPSCO Inc. Acted as lead financial advisor to SSAB Svenskt Stål AB on its acquisition of IPSCO Inc., a leading Canadian producer of energy tubulars and steel plate in North America with an annual steel making capacity of 4.3 million tons		SSAB Svenskt Stål AB
30-Mar-2007	$1.2 billion		Initial Electronic Security Group (the electronic security division of Rentokil Initial plc) Advised Rentokil Initial on the sale of its electronic security division to United Technologies Corp.		United Technologies Corp.
19-Mar-2007	$5.5 billion		The ServiceMaster Company Provided fairness opinion to the Board of Directors of The ServiceMaster Company, a diversified consumer services business whose brands include Terminix, TruGreen and American Home Shield, in connection with its sale to private equity firm Clayton, Dubilier & Rice		Clayton, Dubilier & Rice
21-Dec-2006	$3.3 billion		Raytheon Aircraft Company Provided advisory services and fairness opinion to the board of directors of Raytheon Company, a market leader in the aerospace and defense industry, on the sale of its Raytheon Aircraft division, which offers aircrafts and services and the renowned Hawker and Beechcraft brand names		Goldman Sachs Capital Partners / Onex Partners
10-Nov-2006	$1.9 billion		John Laing plc Advised John Laing plc, the leading UK infrastructure investor and developer, on a recommended cash offer		Henderson Equity Partners
20-Feb-2006	$254 million		Textile Effects (division of Ciba Specialty Chemicals AG) Advised Ciba Specialty Chemicals AG on the sale of its global Textile Effects business		Huntsman Corporation
28-Nov-2005	$103 million		Akzo Nobel N.V. (Ink and Adhesive Resins business) Advised Akzo Nobel N.V., a global leader in coatings, chemicals and healthcare on the sale of its Ink and Adhesive Resins business to Hexion Specialty Chemicals Inc		Hexion Specialty Chemicals Inc.
20-Oct-2005	NA		Drakkar Holdings SA (Adisseo Group) Advised CVC Capital Partners on the divestiture of Adisseo via the sale of Drakkar Holdings SA to China National BlueStar, a subsidiary of state-owned diversified chemicals company China National Chemical Corporation. Adisseo is a leading player in the animal nutrition market		China National Chemical Corporation
08-Oct-2005	NA		General Motors Advised General Motors in connection with the Chapter 11 of Delphi, its largest supplier and former subsidiary
08-Aug-2005	$2.7 billion		Maytag Corporation Advised Whirlpool Corporation, one of the world’s leading manufacturers of major home appliances, on its acquisition of Maytag Corporation		Whirlpool Corporation
19-May-2005	$7.2 billion+		US Airways Group Advised America West Holdings in connection with its merger with US Airways Group. (+Transaction value represents enterprise value of combined entity, including capitalized operating leases of $4.8 billion)		America West Holdings
18-Jan-2005	$2.3 billion		MeadWestvaco Corporation / Papers Business Provided fairness opinion to the Board of Directors of MeadWestvaco Corporation on the sale of its Papers business and associated assets to Cerberus Capital Management, L.P		Cerberus Capital Management, L.P.
27-Oct-2004	$3.0 billion		Warner Chilcott PLC Advised Warner Chilcott on approaches received and on recommended proposed acquisition by Waren Acquisition Limited, a vehicle funded by DLJ Merchant Banking and J.P. Morgan Partners, later joined by Bain Capital Partners and Thomas H. Lee Partners		Waren Acquisition Limited
15-Oct-2004	$135 million		Akzo Nobel N.V. Advised Akzo Nobel N.V., a global leader in coatings, chemicals and pharmaceuticals, on the sale of its coating resins activities to Nuplex Industries Ltd.		Nuplex Industries Ltd.
26-Aug-2004	$1.2 billion		Dresser-Rand Co. (subsidiary of Ingersoll-Rand Co.) Advised Ingersoll-Rand Company on the divestiture of its Dresser-Rand business unit, a supplier of steam and gas turbines, for $1.2 billion to First Reserve Corporation.		First Reserve Corporation
25-Apr-2003	$20.8 billion		AMR Corporation Advised AMR, parent of American Airlines, on strategic alternatives and implementation of a historic out-of-court restructuring through which a variety of stakeholder concessions were achieved, averting bankruptcy
16-May-2002	$545 million		Go Fly Ltd (majority owned by 3i plc) Advised Go Fly, Europe’s No. 3 no-frills airline, on its sale to easyJet. The acquisition created Europe’s largest low cost airline.		easyJet plc
14-Oct-2001	$4.5 billion (Liabilities)		Bethlehem Steel Corporation Advised Bethlehem Steel Corp., the United States third largest steel producer, in connection with its Chapter 11 proceedings and eventual sale to International Steel
29-Aug-2001	$5.9 billion		Westvaco Corporation Advised Westvaco Corporation, a packaging and paper products company, on its merger-of-equals with The Mead Corporation		The Mead Corporation
16-Jul-2001	$982 million		Sterling Chemicals Advised Sterling Chemicals in connection with its Chapter 11 proceedings
19-Apr-2001	$10.0 billion		GKN plc (Industrial Services) Advised Brambles on its merger with the industrial services division of GKN under a dual listed companies structure		Brambles Industries Ltd
17-Feb-2000	$866 million		Shorewood Packaging Corporation Advised Shorewood on its successful hostile takeover defense from Chesapeake Corp., achieving a $21.00 friendly cash offer from an original $17.25 hostile bid.		International Paper Company