Danish company Grundfos acquires water treatment specialist EUWA

Gärt­rin­gen / Bjer­ring­bro (Denmark) — The Danish company Grund­fos has acqui­red the German water treat­ment specia­list EUWA. The parties have agreed not to disc­lose the purchase price. The global busi­ness law firm Norton Rose Fulbright advi­sed Grund­fos on the acqui­si­tion of EUWA. The share­hol­der of the water treat­ment specia­list EUWA recei­ved advice from OPPENLÄNDER Rechts­an­wälte on corpo­rate law matters and in connec­tion with the M&A tran­sac­tion when selling his shares to the Danish pump and water tech­no­logy group Grundfos. 

Grund­fos is one of the worl­d’s leading provi­ders of pumps and water tech­no­logy solu­ti­ons. EUWA is a Germany-based specia­list in water treat­ment solu­ti­ons with parti­cu­lar exper­tise in the beverage industry. 

With the acqui­si­tion of the German water treat­ment specia­list EUWA, Grund­fos is streng­thening its own water treat­ment divi­sion. EUWA deve­lops and imple­ments water treat­ment solu­ti­ons for the brewing and beverage indus­tries and has instal­la­ti­ons in more than 110 count­ries world­wide. In light of growing chal­lenges in the areas of water supply and water treat­ment, relia­ble, sustainable, and effi­ci­ent water treat­ment for the beverage indus­try is beco­ming incre­asingly important from a stra­te­gic perspec­tive. — EUWA poss­es­ses exten­sive tech­no­lo­gi­cal and engi­nee­ring exper­tise and offers solu­ti­ons across the entire puri­fied water cycle. 

The acqui­si­tion fits seam­lessly into Grund­fos’ stra­te­gic focus on consis­t­ently expan­ding its water treat­ment busi­ness and further streng­thening its exper­tise in this area.

Lead part­ner Kars­ten Kühnle, Head of Corpo­rate, M&A, and Secu­ri­ties Germany at Norton Rose Fulbright, commen­ted: “We are very plea­sed to have advi­sed Grund­fos on this stra­te­gi­cally important acqui­si­tion. The tran­sac­tion unders­cores the contin­ued importance of inves­t­ing in inno­va­tive water and envi­ron­men­tal technologies.” 

About Grund­fos Holding A/S

Grund­fos Holding A/S, head­quar­te­red in Bjer­ring­bro, Denmark, is the parent company of the Grund­fos Group. The Grund­fos Group is repre­sen­ted by more than 100 compa­nies in more than 60 count­ries. In addi­tion, our products are sold in nume­rous count­ries through local distri­bu­tors. Grund­fos Holding A/S holds shares in all other compa­nies in the Grund­fos Group, either directly or indi­rectly. — www.grundfos.com

Grund­fos’s legal coun­sel: Norton Rose Fulbright 

Kars­ten Kühnle (Corporate/M&A, Frank­furt) also included Senior Asso­ciate Dr. Ariane Theis­sen (Corporate/M&A, Frank­furt) and Asso­ciate Felix Reiner (Corporate/M&A, Frank­furt). The exten­ded team included part­ners Clau­dia Poslu­schny (Employ­ment Law, Munich), Chris­tian Wolf (Liti­ga­tion, Frank­furt), Clemens Rübel (IP, Munich), Holger Wolf (Real Estate/Finance, Frank­furt), Dr. Simon Wepp­ner (Tax Law, Düssel­dorf), Coun­sel Dr. Riccardo Mari­nello (Real Estate Law, Frank­furt), Torben Schlä­fer (Liti­ga­tion, Frank­furt), Senior Asso­ciate Tiffany Zilliox (IP, Munich), Michaela Bach­meier (Employ­ment Law, Munich), Nata­lia Filkina (Data Protec­tion Law, Frank­furt), Chris­tian Klein (Tax Law, Düssel­dorf), Maxi­mi­lian Schmitz (IP/Disputes, Munich), Sven Klüp­pel (Anti­trust Law, Frank­furt), Anne–Sophie Wilhelmy (Real Estate/Finance, Frank­furt), and Asso­ciate Hannah Diete­rich (Employ­ment Law, Munich). The team was supported on a global level by Norton Rose Fulbright colle­agues from China and Singapore.—

EUWA Consul­tant: OPPENLÄNDER

On the seller’s side, Dr. Felix Born and asso­ciate part­ner Julia Sauter, LL.M., led the legal team for the tran­sac­tion. — www.oppenländer.de

About Norton Rose Fulbright

Norton Rose Fulbright is a global busi­ness law firm. With more than 3,000 attor­neys across over 50 offices world­wide in Europe, the U.S., Canada, Latin America, Asia, Austra­lia, Africa, and the Middle East, we advise leading natio­nal and inter­na­tio­nal compa­nies. We offer our clients compre­hen­sive advice across all major indus­tries. These include Finan­cial Insti­tu­ti­ons; Energy; Infra­struc­ture, Mining, and Commo­di­ties; Trans­por­ta­tion; Tech­no­logy and Inno­va­tion; and Life Scien­ces and Health­care. Our global Risk Advi­sory Group combi­nes this exten­sive indus­try expe­ri­ence with its exper­tise in legal and regu­la­tory matters, as well as in compli­ance and gover­nance. This enables us to offer our clients prac­ti­cal solu­ti­ons to the legal and regu­la­tory risks they face. Where­ver we operate, we act in accordance with our busi­ness prin­ci­ples of “Quality, Unity, and Inte­grity.” We provide legal advice of the highest stan­dard and main­tain this level of quality in every inter­ac­tion. The Swiss Asso­cia­tion of Norton Rose Fulbright helps coor­di­nate the acti­vi­ties of Norton Rose Fulbright members but does not provide legal advice to clients. Norton Rose Fulbright has offices in over 50 cities world­wide, inclu­ding London, Hous­ton, New York, Toronto, Mexico City, Hong Kong, Sydney, and Johan­nes­burg. For more infor­ma­tion, visit nortonrosefulbright.com/legal-notices.