Sale of assets to Atlas Holdings
Our attorneys advised PDM Bridge, LLC, a steel fabricator that produces steel components for the largest and most complex bridge structures, in the acquisition by Atlas Holdings of certain PDM Bridge assets. Terms of the transaction were not disclosed.
Atlas Holdings, an industrial holding company headquartered in Greenwich, CT, acquired the assets through its newly formed portfolio company, Veritas Steel LLC. With the acquisition, Veritas Steel will now operate three PDM Bridge fabrication plants strategically located in Eau Claire, WI, Wausau, WI and Palatka, FL.