Kaye Scholer Closes Sale of American Safety Razor Company
Kaye Scholer represented long-time client J.W. Childs Associates and its portfolio company, American Safety Razor Company, in connection with the sale of American Safety Razor to Lion Capital LLP, a London based private equity firm. The $625 million transaction closed on July 31, 2006 and was structured as a merger of American Safety Razor's parent holding company. American Safety Razor is a leading global manufacturer of private label wet shaving razors and blades and industrial, specialty and medical blades.
The Kaye Scholer corporate team consisted of Stephen Koval, Thomas Yadlon and Jeffrey Misher. Other Kaye Scholer attorneys participating in the transaction were John Geelan (labor), Arthur Woodard (employee benefits), Laurie Abramowitz (tax), and Peter Danias (antitrust).