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Announced

Completed

Modern Machinery sold its Far East Russian business to ISTK.

Synopsis

The Washington Companies-owned Modern Machinery, which sells and rents high quality heavy equipment, sold its Far East Russian business to ISTK, an official distributor of Komatsu in Russia since 2001. Financial terms were not disclosed.

Principals

Modern Machinery Co (far East Russian Unit)

target

Modern Machinery Co (far East Russian Unit)

Istk

bidder

Istk

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Market Context

Dealmakers (8)

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Bob Smith

Bob Smith

ManagerPresident at MODERN MACHINERY CO
Deal Bio
Total Deals
1/
Total Value
value n/a
Dennis R. Washington

Dennis R. Washington

ManagerFounder at THE WASHINGTON COMPANIES
Deal Bio
Total Deals
2/
Total Value
£915M
Rebecca Guzman

Rebecca Guzman

LawyerAssociate at Skadden Arps Slate Meagher & Flom
Deal Bio
Total Deals
3/
Total Value
£456M
Allison Land

Allison Land

LawyerPartner at Skadden Arps Slate Meagher & Flom
Deal Bio
Total Deals
7/
Total Value
£3,881M
Dmitri Kovalenko

Dmitri Kovalenko

LawyerPartner at Skadden Arps Slate Meagher & Flom
Deal Bio
Total Deals
13/
Total Value
£7,891M
Alexander Kovriga

Alexander Kovriga

LawyerAssociate at Skadden Arps Slate Meagher & Flom
Deal Bio
Total Deals
3/
Total Value
£880M
John Saathoff

John Saathoff

LawyerAssociate at Skadden Arps Slate Meagher & Flom
Deal Bio
Total Deals
5/
Total Value
£4,277M
Aarish Sheikh

Aarish Sheikh

LawyerAssociate at Skadden Arps Slate Meagher & Flom
Deal Bio
Total Deals
4/
Total Value
£2,396M

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