Milbank LLP advised The Cranemere Group, a London-headquartered holding company, on their acquisition of Acquabella, a Spain-based specialist in engineered stone bathroom products, including the bank financing to finance the purchase. Acquabella will continue to operate independently under Cranemere’s Engineered Stone Group, alongside Marmite, establishing a leading European supplier of engineered stone products.
The Milbank team was led by European partner Tim Peterson, corporate counsel Merih Altay and associates Anna Bryant, Andrew Bechtel and Danielle Brown.