News

C.W. Downer & Co. Advises Rogers Corporation on the Acquisition of Arlon, LLC
for $157 Million

BOSTON, February 2, 2015 – C.W. Downer & Co., a leading global middle-market investment bank, is pleased to announce that Rogers Corporation (NYSE: ROG) has acquired Arlon, LLC from Handy & Harman Ltd. (NASDAQ: HNH) for approximately $157 million. The deal closed on January 22, 2015.

Arlon is a leading global provider of high frequency circuit materials and engineered silicones. Its corporate headquarters are in Bear, Delaware, with additional facilities in Rancho Cucamonga, California, and Suzhou, China. The company’s products are used for a variety of performance critical applications in industries such as telecommunications infrastructure, aerospace, military, and automotive. The Arlon divisions—circuit materials and silicones—represent an excellent strategic fit with Rogers’ existing Printed Circuit Materials and High Performance Foams business segments.

“We are delighted that Rogers entrusted us to advise them on this strategically important transaction,” said Paul Colone, Managing Director & Partner with C.W. Downer & Co. “The Arlon acquisition follows Rogers’ strategy to supplement their organic growth initiatives through select acquisitions and the fit with Arlon is unique in that it complements two of Rogers’ strategic business units,” he concluded.

“We have enjoyed a long-term relationship with Rogers and are proud that they have joined the long list of clients who have worked with C.W. Downer on multiple acquisitions,” said Breck Bailey, Vice President with C.W. Downer & Co. “We look forward to working together with the Rogers team again in the future.”

The C.W. Downer & Co. team advising Rogers on the acquisition included Mr. Colone, Mr. Bailey and Nick Virga (Analyst). C.W. Downer also assisted Rogers Corporation with its 2010 acquisition of SK Utis Co. Ltd. of South Korea.

About C.W. Downer & Co.

C.W. Downer & Co. is an independent, global investment bank offering middle-market clients a high level of personal attention coupled with 40 years of international execution experience. We provide insight, not just information. We generate value, not just transactions. With nine fully integrated offices on four continents, we consistently identify the most appropriate strategic buyer and uncover “hidden” acquisition targets. C.W. Downer & Co. delivers the reach of a bulge-bracket investment bank with the senior level focus of a boutique. For more information, visit http://www.cwdowner.com.

For Additional Information:

Paul Colone, Managing Director & Partner
This email address is being protected from spambots. You need JavaScript enabled to view it. +1 617 482 6200

Back to Previous

© 2015 by C.W. Downer & Co.

Downer & Company (d/b/a C.W. Downer & Co.) is a fully registered broker/dealer
and a member of the Financial Industry Regulatory Authority (FINRA).