Ropes & Gray Reps Stanadyne in $325M Sale of Filtration Biz
May 05, 2014
Ropes & Gray has announced it represented Kohlberg & Co.-backed Stanadyne in the sale of the latter's filtration business to Clarcor (NYSE: CLC). The deal was valued around $325 million. Stanadyne's filtration business supplies original equipment and replacement fuel filtration products, and generated annual revenues of approximately $107 million in 2013.