Latham Advises Ara Partners on US$1.9 Billion M&A Transaction With Energy Fuels

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) has announced a definitive agreement to acquire 100% of Vacuumschmelze GmbH & Co. KG, Ara VAC TopCo US LLC, and their respective consolidated subsidiaries (collectively, VAC) from Ara Partners (Ara) for a total cash-and-stock consideration of approximately US$1.9 billion, creating a fully integrated platform to strengthen global critical rare earth element supply chains. Ara will own approximately 19.9% of Energy Fuels following the closing of the VAC transaction.

Latham & Watkins LLP advised Ara Partners on the transaction with an M&A team led by partners Justin T. Stolte, Ryan Lynch, and Max Klupchak, with associates Sarah Rodrigue, Cooper Shear, Johnny Zhuang, and William Brown. Advice was also provided by partners James Barker, Robert Brown, Kevin Chambers, Jessica Cohen, Julie Crisp, Jason Cruise, Jana Dammann de Chapto, Chirag Dedania, Michael Egge, Laura Ferrell, Drew Gardiner, Heiko Gotsche, Michael Green, Jared Grimley, Alexandra Hagelüken, Max Hauser, Kyle Jefcoat, Pamela Kellet, Ryan Maierson, Joshua Marnitz, Carlos Esteva Mosso, David Rath, Verena Seevers, Oliver Seiler, Jennifer Tian, Harrison White, and Trevor Wommack, counsels Steffen Augschill, Martina Eisgruber, Katharina Intfeld, and Rachel Katz, and associates Victoria Allen, Jack Bergantino, Kara Burkett, Kirstin Chubb, Stuart Cobb, Dominick Constantino, Matthew Crawford, Toon Dictus, Kenny Hildebrand, Lena Hummel, Ann Johnson, Alexandra Kandalaft, Brandon Kerns, Laura Lange, Josh Lin, Alexander Perkowski, Alexander Pfeifer, Bruce Racine, Nicolas Riemann, Andrea Strackerjan, Lynn Teng,* Erik Thompson, Aaron Tso, Tianyu Wang, Luisa Yokubaitis, Jacqueline Zhang, and Ivy Ziedrich.