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McGuireWoods Advises UK’s Essentra in $48 Million Cross-Border Divestiture
McGuireWoods lawyers in London and the United States advised UK provider of essential components and solutions Essentra PLC (LSE: ESNT) in selling its Pipe Protection Technologies business to National Oilwell Varco, Inc. (NYSE: NOV), a Texas-based oil and gas equipment provider. The US$48 million (£38 million) cross-border transaction involving assets in the UK, Canada, Mexico and the United States closed Jan. 14.McGuireWoods assisted Essentra, a longtime client of the firm, in all …