The shares are listed on the NYSE

Davis Polk advised the representatives of the underwriters on the approximately $203 million SEC-registered offering by certain shareholders of Gates Industrial Corporation plc of 17.25 million Gates ordinary shares.

Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates offers a broad portfolio of products to diverse replacement channel customers, and to original equipment manufacturers as specified components. Gates products play essential roles in a diverse range of applications across a wide variety of end markets ranging from harsh and hazardous industries such as agriculture, construction, manufacturing and energy, to everyday consumer applications such as printers, power washers, automatic doors and vacuum cleaners and virtually every form of transportation. The shares are listed on the NYSE.

The Davis Polk corporate team included partner Michael Kaplan, counsel Jeffrey S. Ramsay and associates David Li, Marquis J. Pullen and Juan Diego Tibaduiza. Partner Kara L. Mungovan and associate Betsy Johnson provided U.S. tax advice. Partner Dominic Foulkes and associate Patrick O’Donovan provided U.K. tax advice. Members of the Davis Polk team are based in the New York and London offices.  

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