Ropes & Gray Guides American Industrial Partners on Debt Financing for Acquisition of AGCO Corp.’s Grain & Protein Division

In The News
November 7, 2024

Ropes & Gray advised American Industrial Partners on the debt financing for its acquisition of AGCO Corporation’s (NYSE: AGCO) Grain & Protein division, which produces grain storage and seed processing solutions as well as feeding, watering, climate management and control systems for worldwide protein production, principally poultry, swine, and egg. The transaction’s closing on Nov. 1 was announced in a press release.

American Industrial Partners is an industrials investor, with approximately $16 billion in assets under management. AIP is distinctively focused on industrial businesses across a broad range of end markets that include aerospace and defense, automotive, building products, capital goods, chemicals, industrial services, industrial technology, logistics, metals & mining, and transportation, among others.

The deal team was led by finance partners Dan Coyne, Alex Robb and Stefanie Birkmann, and executive compensation & employee benefits partner Allie Alperovich.