Vedder Price is pleased to announce that it is representing Resco Products, Inc. ("Resco"), a portfolio company of Balmoral Funds LLC, in its definitive agreement to be acquired by RHI Magnesita (“RHIM”) for an enterprise value of up to $430 million. The transaction is expected to close in the second half of 2024.

The Vedder Price deal team is led by President and CEO Michael A. Nemeroff and Finance & Transactions Shareholder Jason W. Reese alongside Antitrust Shareholder Brian K. McCalmon, Tax Shareholder Matthew P. Larvick, UK Corporate Counsel Jonathan Edgelow, Corporate Associates Miri Joo, Sara L. Levine and Alec Lybik and Environmental Associate Dana B. Mehlman.

More information about this transaction is available here.