ALRUD Team Represents Buyer in Transaction To Acquire Kaluga Turbine Works

The ALRUD team advised the buyer in a transaction to acquire a controlling stake in ****Kaluga Turbine Works**** Public Joint-Stock Company.

Kaluga Turbine Works is a power engineering company that specializes in the production of steam turbines and turbogenerators. It is one of the largest manufacturers of power industry equipment in Russia.

The ALRUD team provided comprehensive legal support to the buyer during all stages of the transaction. This support included due diligence, the structuring of the transaction, negotiations, the drafting of legally binding documentation, support in closing the transaction, as well as consultations on regulatory issues and securities market legislation.

ALRUD has now assisted with multiple transactions on the Russian turbine manufacturer market. The ALRUD team also previously provided support for the buyer in a transaction to acquire another turbine manufacturer – Ural Turbine Works.

The ALRUD team that worked on the project under the guidance of Corporate/M&A Practice Partner Anton Dzhuplin included experts from the Corporate and M&A, Competition/Antitrust, Real Estate, and Capital & Equity Markets practices: Associate Yuriy Nakul, Senior Associates Ailana Goldina, Boris Pribylov and Daniil Lozovsky, Associate Sabina Idrisova and Junior Associates ****Maria Davydova**** and ****Alisa Belova****.