Press release |


Adacta and ADVANT Beiten Advise EBARA on the Acquisition of a Business Division of SKF

Munich, 24 July 2023 - The international commercial law firm ADVANT Beiten has advised EBARA Pumps Europe S.p.A. (EPE), part of the Japanese EBARA Corporation (EBARA), on the acquisition of the business division Spandau Pumpen (coolant pumps) of SKF Lubrication Systems Germany GmbH (SKF), a subsidiary of SKF Group. The ADVANT Beiten team around the lead partners Dr Markus Ley and Moritz Kopp has rendered advice on all issues under German law; the Italian law firm Adacta has played a leading role in assisting the transaction on the buyer side. The Italian law firm ADVANT Nctm advised on antitrust issues. The parties have agreed that the purchase price will not be disclosed. The transaction will most likely be closed at the end of September 2023.

With Spandau Pumpen, SKF disposes of extremely competitive screw-type and seal-less coolant pumps with a valuable customer base mainly in the European market. Through the acquisition, EBARA aims to enter the global market for machine tools and filter systems and will expand its portfolio by providing new products and services.

EBARA will take over the customer base and certain assets of Spandau Pumpen, will relocate the production to one of its plants in Italy and will work on the expansion of its business. EBARA Corporation has committed itself to achieve several UN Sustainable Development Goals (SDGs) in order to create added business value and to reinforce its reputation as an excellent global player.

The global development of new markets through acquisitions and integration of value-added products are a central element of EBARA's strategy. Further investments are planned in the field of M&A.

Advisor to EBARA Pumps Europe:
ADVANT Beiten: Dr Markus Ley and Moritz Kopp (both in charge, Corporate/M&A), Christian Hess (IP/IT), Dr Erik Schmid, Regina Dietel (both Labour Law), Christoph Heinrich, Cathleen Laitenberger (both Antitrust Law) and Maximilian Matusewicz (Corporate/M&A, all Munich).

Public Relations
Frauke Reuther
Communication
ADVANT Beiten
+49 (69) 75 60 95 - 570
frauke.reuther@advant-beiten.com

Dr Markus Ley
Rechtsanwalt (Lawyer)
ADVANT Beiten
+49 (89) 3 50 65 - 1211
markus.ley@advant-beiten.com

 


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Experts

Dr. Markus_Ley_Experte_BEITEN_BURKHARDT

Dr Markus Ley

Rechtsanwalt

Partner

Moritz_Kopp_Experte_BEITEN BURKHARDT

Moritz Kopp

Rechtsanwalt, LL.M.

Partner

Christian_Hess_Experte_BEITEN_BURKHARDT

Christian Hess

Rechtsanwalt, LL.M. (Stellenbosch University), Licensed Specialist for Intellectual Property Law

Partner

Dr. Erik Schmid, Partner

Dr Erik Schmid

Rechtsanwalt, Licensed Specialist for Labour Law

Partner

Regina_Holzer_Experte_BEITEN_BURKHARDT

Regina Dietel

Rechtsanwältin, Licensed Specialist for Labour Law

Senior Associate

Christoph_Heinrich_Experte_BEITEN_BURKHARDT

Christoph Heinrich

Rechtsanwalt

Partner

Cathleen_Laitenberger_Experte_BEITEN_BURKHARDT

Dr Cathleen Laitenberger

Rechtsanwältin

Senior Associate