Press Release

Haynes Boone Represents Manufacturing Resource Group Inc. in M&A Transaction

December 23, 2022

Haynes and Boone, LLP represented Manufacturing Resource Group, Inc. (MRG), in the sale of its business to Electrical Components International, Inc. (ECI).

The transaction was announced on Dec. 21, 2022.

Based in Massachusetts with manufacturing facilities in the U.S. and Mexico, MRG is a global leader in electro-mechanical devices and electrical distribution systems. The company provides specialized manufacturing and in-house engineering services for customers serving key industrial tech end markets, including warehouse automation, defense, robotics, medical, and semiconductors.

ECI is one of the world’s leading suppliers of electrical distribution systems, control box assemblies, and other critical engineered components for diversified markets. The company has 25,000 employees and 37 global manufacturing locations.

“Businesses across sectors are investing in warehouse automation technologies to enhance processes and meet accelerated e-commerce demand,” Mike Balsei, Chief Executive Officer of ECI said in a deal announcement. “MRG is a proven leader in the automation market.”

Haynes Boone Partner Larry Pascal, co-chair of the firm’s International Practice Group, led a team that served as cross-border and Mexican counsel on the transaction, He was assisted by lawyers in Haynes Boone’s Mexico City and Dallas offices: Partner Edgar Klee, Counsel Alejandro Gonzalez, Associates Sergio Guerrero, Fernanda Ruizesparza, and Colin Giuseppe Cox, and Foreign Counsel César Ramirez.

Nutter McClennen & Fish LLP served as lead counsel for MRG.

To read the release in Spanish, click here

Haynes Boone has one of the largest Latin American/Caribbean practices among the AmLaw 100 firms, with approximately 70 lawyers serving clients from the Dallas, Houston, Mexico City, New York, London, Washington, D.C., and Austin offices. These lawyers are native speakers or fluent in English, Spanish, Portuguese, Italian and French and are comfortable working with civil law and international law concepts. The firm is experienced in virtually all Latin American and Caribbean markets. Our lawyers have helped clients navigate and complete some of the most ambitious and challenging projects involving transportation, real estate, infrastructure, and energy. In Mexico, the firm has recently been active advising multinationals in the manufacturing/maquiladora sector.