Winston Strawn, Cravath Aid $19 Billion Chart, Flowserve Merger

Winston & Strawn and Cravath steered a $19 billion deal to merge industrial companies Chart Industries Inc. and Flowserve Corp.

The deal brings together one of the largest providers of fluid motion and control products with a manufacturer of technologies to handle gas and liquid molecules.

Cravath, Swaine & Moore’s M&A team guiding Flowserve was led by partners Daniel J. Cerqueira and George F. Schoen. The New York firm’s lawyers have counseled Flowserve in past years, including on debt offerings and senior notes offerings.

Winston Strawn’s team, which steered Chart, was led by chair of the firm’s M&A practice Matt Stevens, alongside partners Paul Huddle and Justin Hoffman.