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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 and 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No.2)(1)
LAYNE CHRISTENSEN COMPANY
(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
(Title of Class of Securities)
521050 10 4
(CUSIP Number)
(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP No. 521050 10 4 13G PAGE 2 OF 8 PAGES
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1. Names of Reporting Persons
S.S. or I.R.S. Identification No. of Above Persons
MARLEY HOLDINGS, L.P.
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2. Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ X ]
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3. SEC Use Only
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4. Citizenship or Place of Organization
DELAWARE
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5. Sole Voting Power
Number of 4,607,986
Shares --------------------------------------------------------
Beneficially 6. Shared Voting Power
Owned By -0-
Each --------------------------------------------------------
Reporting 7. Sole Dispositive Power
Person With 4,607,986
--------------------------------------------------------
8. Shared Dispositive Power
-0-
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
4,607,986
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ]
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11. Percent of Class Represented by Amount in Row (9)
51.9%
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12. Type of Reporting Person
PN
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CUSIP No. 521050 10 4 13G PAGE 3 OF 8 PAGES
--------------------- ----- -----
1. Names of Reporting Persons
S.S. or I.R.S. Identification No. of Above Persons
MARLEY G.P., INC.
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2. Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ X ]
---------------------------------------------------------------------
3. SEC Use Only
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4. Citizenship or Place of Organization
DELAWARE
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5. Sole Voting Power
Number of 4,607,986
Shares --------------------------------------------------------
Beneficially 6. Shared Voting Power
Owned By -0-
Each --------------------------------------------------------
Reporting 7. Sole Dispositive Power
Person With 4,607,986
--------------------------------------------------------
8. Shared Dispositive Power
-0-
--------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
4,607,986
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ]
---------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
51.9%
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12. Type of Reporting Person
CO
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ITEM 1.
(A) NAME OF ISSUER:
Layne Christensen Company
(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
1900 Shawnee Mission Parkway
Mission Woods, Kansas 66205
ITEM 2.
(A) NAME OF PERSONS FILING:
Marley Holdings, L.P.
Marley G.P., Inc.
(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
c/o Kohlberg Kravis Roberts & Co.
9 West 57th Street
New York, New York 10019
(C) CITIZENSHIP:
Marley Holdings, L.P. -- Delaware
Marley G.P., Inc. -- Delaware
(D) TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.01 per share
(E) CUSIP NUMBER:
521050 10 4
ITEM 3. NOT APPLICABLE.
ITEM 4. OWNERSHIP
(A) AMOUNT BENEFICIALLY OWNED:
As of December 31, 1996, Marley Holdings, L.P., a Delaware
limited partnership, was the record owner of 4,607,986 shares
of common stock of Layne Christensen Company. Marley G.P.,
Inc., a Delaware corporation, is the sole general partner of
Marley Holdings, L.P., in which capacity it may be deemed to
be the beneficial owner of the shares of Layne Christensen
Company common stock beneficially owned by Marley Holdings,
L.P. The stockholders of Marley G.P., Inc. are general and
limited partners of KKR Associates, L.P. and certain employees
of Kohlberg Kravis Roberts & Co. KKR Associates, L.P., a New
York limited partnership, is a limited partner of Marley
Holdings, L.P. and is the general
Page 4 of 8 pages
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partner of three limited partnerships which are limited
partners of Marley Holdings, L.P. KKR Associates, L.P.
disclaims beneficial ownership of any shares of Layne
Christensen Company. Henry R. Kravis, George R. Roberts, Paul
E. Raether, Robert I. MacDonnell, Michael W. Michelson, James
H. Greene, Jr., Michael T. Tokarz, Edward A. Gilhuly, Perry
Golkin, Clifton S. Robbins and Scott Stuart are the general
partners of KKR Associates, L.P., and Messrs. Kravis and
Roberts are also the members of the Executive Committee of KKR
Associates, L.P., and in such capacity may be deemed to share
beneficial ownership of any shares of common stock of Layne
Christensen Company that KKR Associates, L.P. may beneficially
own or be deemed to beneficially own, but disclaim any such
beneficial ownership.
(B) PERCENT OF CLASS:
See Item 11 of each cover page.
(C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) Sole power to vote or direct the vote:
See Item 5 of each cover page.
(ii) Shared power to vote or to direct the vote:
See Item 6 of each cover page.
(iii) Sole power to dispose or to direct the disposition
of:
See Item 7 of each cover page.
(iv) Shared power to dispose or to direct the
disposition of:
See Item 8 of each cover page.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
See Item 4 above.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable.
Page 5 of 8 pages
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ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10. CERTIFICATION
Not applicable.
Page 6 of 8 pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Date: February 13, 1997
MARLEY HOLDINGS, L.P.
By: MARLEY G.P., INC.
Its: General Partner
By: /s/ Edward A. Gilhuly
--------------------------------
Name: Edward A. Gilhuly
Title: Treasurer
MARLEY G.P., INC.
By: /s/ Edward A. Gilhuly
--------------------------------
Name: Edward A. Gilhuly
Title: Treasurer
Page 7 of 8 pages
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EXHIBITS
Exhibit 1 Joint Filing Agreement (incorporated by reference to Exhibit 1 to
the Statements on Schedule 13G of Marley G.P., Inc. and Marley
Holdings, L.P. filed on March 8, 1995.)
Page 8 of 8 pages
