Skip to content

Watlow Signs Agreement to Sell to Tinicum L.P.

Vinson & Elkins advised Tinicum Incorporated in connection with the announcement by Watlow®, an industry leader in the design and manufacture of complete thermal systems, that it recently signed a definitive agreement to sell to Tinicum L.P. and expects to close as quickly as reasonably possible pending receipt of customary regulatory approvals.

The financial terms of the deal were not disclosed, although Desloge family shareholders will continue to have minority ownership in the nearly 100-year-old company. In addition, the company headquarters will remain in St. Louis, Missouri.

The V&E team was led by partner Milam Newby and senior associates Michael Gibson and Alex Robertson. Also advising were partner David Wicklund and senior associate Caitlin Snelson; partner Lina Dimachkieh; partner Devika Kornbacher and senior associate Ben Cukerbaum; partner Matt Dobbins and senior associate Rachel Comeskey; counsel Julia Petty and senior associate Austin Light; counsel Sarah Mitchell; partner Wally Schwartz; and partner Hill Wellford.

About Vinson & Elkins
For more than 100 years, Vinson & Elkins has provided deep experience in handling transactions, investments, projects, and disputes worldwide. The firm is a trusted adviser to clients in the most important industrial and digital industries. Learn more by visiting www.velaw.com or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.

For more information, please speak with our media contacts.