Kaye Scholer Represents Meggitt in $1.8 Billion Acquisition

June 22, 2007

Kaye Scholer represented Meggitt plc, the international aerospace, defense and electronics group, and its U.S. subsidiary, Meggitt-USA, Inc., in the acquisition completed in late June 2007 of K&F Industries Holdings, Inc. at an enterprise value of approximately U.S. $1.8 billion. K&F is a leading integrated supplier of wheels, brakes, fuel tanks and other products for the global aerospace and defense industry. The acquisition was funded in part by an equity rights issue with the balance from a new debt facility.

The Kaye Scholer M&A team was led by Barry L. Dastin and Glenn D. Smith. Regulatory clearances were handled by Claudia R. Higgins and Jennifer B. Patterson; Hart-Scott-Rodino-related matters were handled by Peter Danias; and Exon-Florio-related matters were handled by Chris Griner and Farhad Jalinous.

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