Philippe-Weber

NKF with Centre Lane acquiring sustantially all assets of Hardinge

Niederer Kraft Frey (“NKF”) advised Centre Lane Partners on all Swiss law-related aspects of the acquisition of substantially all the assets of Hardinge, including its Swiss subsidiaries.

About the acquisition

The acquisition was part of chapter 11 proceedings in the United States Bankruptcy Court for the District of Delaware. Hardinge sold substantially all global machine (which will do business as “Kellenberger”) and workholding accessories (which will do operations as “Forkardt Hardinge”) to affiliates of Centre Lane Partners.

NKF team

The NKF team was led by corporate/M&A partner Philippe Weber (pictured), working with senior associate Samuel Hochstrasser, associates Manuel Hirlinger and Pascal Hodel, junior associate Peter-Conradin Schreiber (all corporate/M&A), counsel Livia Keller (employment), as well as partner Markus Kronauer and senior associates Morgan Boëffard and Sven Kälin (all tax).

About Hardinge

Hardinge is a global provider of advanced machine tool, manufacturing and workholding solutions.

About Kellenberger

Kellenberger is a leading international provider of advanced metal-cutting solutions. The Company provides a full spectrum of highly reliable CNC turning, milling, and grinding machines.

About Forkardt Hardinge

Forkardt Hardinge has been a premiere global workholding supplier for over 130 years. The Company’s comprehensive product portfolio enables it to provide solutions in every major industry and region.

Central Lane Partners

Founded in 2007, Centre Lane Partners is a private investment firm that invests in the equity and debt of middle market companies in North America. Centre Lane employs a flexible strategy that approaches complex situations with a solutions orientation.

benedetta.miarelli@lcpublishinggroup.com

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