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Eversheds advises Steelite International on its sale to US private equity house

  • Global
  • United Kingdom
  • USA

    28-06-2016

    Eversheds has advised Steelite International, the £100m-turnover ceramics manufacturer, on the sale of the company to US Private equity house, PNC Riverarch.

    The Eversheds corporate team was led by partner Catherine Eley, with support from associates James Finney and Peter McHugh.

    The acquisition by PNC Riverarch, the private equity arm of the PNC Financial Services Group, provides an exit for chief executive Kevin Oakes.

    John Miles has now been appointed Steelite chief executive

    Catherine Eley, Partner
    James Finney, Principal Associate
    Peter McHugh, Senior Associate

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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