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PLC Holding SAS - Whyte Hirschboeck Dudek SC

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Client Name: <strong>PLC</strong> <strong>Holding</strong> <strong>SAS</strong><br />

Other Key Players: Reilly, Penner & Benton<br />

LLP (Pat Hoffert, CPA, partner); GZA<br />

GeoEnvironmental, Inc. (Dave Ruetz)<br />

Type of Deal: Stock acquisition<br />

Size of Deal: Undisclosed<br />

Location: East Troy, Wis.<br />

Principal WHD Team Members: Richard<br />

Silverthorn, Philip Koutnik, David Hertel,<br />

Eric Meier, Erik Eisenmann, Phillip<br />

Bower, Justin Szalanski, Linda Sklenar<br />

(paralegal), Teresa Noeske (paralegal)<br />

Practice Areas Involved: Corporate,<br />

Environmental Law, Real Estate, Labor &<br />

Employment, Litigation, Finance


WHD ASSISTS IN<br />

THE PURCHASE OF<br />

WI<strong>SC</strong>ONSIN OVEN<br />

CORPORATION BY<br />

EUROPEAN HOLDING<br />

COMPANY<br />

When France-based <strong>PLC</strong> <strong>Holding</strong> <strong>SAS</strong> had the<br />

opportunity to add East Troy, Wis.-based Wisconsin<br />

Oven Corporation to its portfolio, the decision to<br />

purchase it was only natural. Not only was Wisconsin<br />

Oven a leading manufacturer of industrial ovens for<br />

the aerospace, automotive, composite and finishing<br />

industries—a number of industries that complemented<br />

<strong>PLC</strong>’s existing businesses—but <strong>PLC</strong>’s CEO, Philippe<br />

Blandinieres (pictured on the left with Dave Strand,<br />

president and CEO of Wisconsin Oven Corporation),<br />

already had a thorough understanding of the business<br />

as he served on the company’s board of directors.<br />

<strong>PLC</strong> turned to <strong>Whyte</strong> <strong>Hirschboeck</strong> <strong>Dudek</strong> S.C. to serve as<br />

lead counsel for the transaction, which was structured as<br />

a stock purchase. Negotiations relating to this transaction<br />

spanned several months and involved complex areas of<br />

corporate, tax, environmental, and real estate law.<br />

America’s largest OEM supplier of industrial ovens,<br />

Wisconsin Oven produces more than 20 brands of<br />

equipment for companies that provide ovens and<br />

furnaces worldwide. Many of the industries Wisconsin<br />

Oven serves require specific temperature uniformity<br />

and equipment performance documentation, and the<br />

company’s experienced design team is able to meet<br />

even the most stringent standards for oven equipment.<br />

<strong>PLC</strong>, which is composed of diverse companies such as<br />

Elmetherm, Elino, Wistra, Mecarom Dotcom LTD, and<br />

now Wisconsin Oven, has offices in the United States,<br />

France, Germany, Romania, India and China. It provides<br />

products and services for several industries, including<br />

automotive, aerospace, electronics, chemical, technical<br />

ceramics, porcelain, automation, refractory materials,<br />

and powder metallurgy, and provides customers with<br />

engineering and manufacturing for material handling<br />

systems, automation systems, heat treating industrial<br />

ovens and furnaces.<br />

With the acquisition of Wisconsin Oven, the <strong>PLC</strong> family<br />

of companies will collectively have the resources and<br />

capability to serve all of the heat processing needs of<br />

its customers regardless of temperature requirements.<br />

The acquisition will also strengthen global opportunities,<br />

expand market reach and position <strong>PLC</strong> for future growth<br />

and continued success.<br />

THE BIG PICTURE 39

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