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Demarest advises Sandvik on Hyperion divestment

  • News
  • 9 July 2018
  • 322
  • 2 minutes read

Sandvik instructed Demarest on the Brazilian aspects of the $475 million of Hyperion to KKR.

 

SandvikSandvik Group is a high-tech engineering group specializing on metal-cutting equipment and  tools. The company is headquartered in Sweden and employs over 43,000 staff in 150 countries. 

Hyperion produces  advanced wear-resistant tools, applications and components in hard and super-hard materials. Until the sale, it was division of Sandvik.

Demarest acted for Sandvik in the sale of its Brazilian unit Sandvik Ferramentas Industria E Comércio as part of the global divestiture of Hyperion. 

The buyer, KKR, is a global investment firm listed on the New York Stock Exchange. 

Partner Lucas Tavares led the Demarest team which advised Sandik and its Brazilian unit. 

Ignacio Abella

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