Baker McKenzie has advised Grundfos, a leading global provider of advanced pumping solutions and water technologies, on the acquisition of Culligan's commercial and industrial business in Italy, France and the UK. The acquisition underscores Grundfos' commitment to expanding its water treatment and wastewater solutions and capabilities.
Grundfos is a Danish company with an annual production of approximately 16 million pumps and is one of the world's leading manufacturers of energy-efficient and intelligent water solutions with nearly 20,000 employees across more than 66 countries.
Culligan is a global leader in water treatment and offers a comprehensive range of simple filtration systems for households through to commercial drinking water solutions. The acquired Commercial & Industrial division of Culligan, headquartered in Bologna, Italy, employs around 400 people and generated sales of more than 100 million euros in 2023.
Baker McKenzie's M&A team regularly advises on international transactions. Most recently, Baker McKenzie advised Flipp Operations on joining forces with MEDIA Central to create the world's leading provider of drive-to-store marketing, Uniwater on the acquisition of 4 pipes GmbH, VINCI Energies on the acquisition of the Fernao Group, Gienanth Group on the sale of its Austrian, German and Czech entities in the course of their restructuring, GNMI on its agreement to acquire the surface solutions business from Merck; KD Pharma Group on its acquisition of the marine lipids business from dsm-firmenich in exchange for a minority stake in the company; Freaks 4U Gaming on its strategic acquisition by NODWIN Gaming, Saab on a new investment in Helsing, Trane Technologies on strategic investment in Trailer Dynamics, AURELIUS on the acquisition of Dayco Propulsion Solutions, EQT Life Sciences on a EUR 128 million Series B2 financing of Tubulis GmbH, Knorr-Bremse AG on the sale of a majority stake in Kiepe Electric GmbH and Transcom on the acquisition of timeframe.
Legal advisor to Grundfos:
Baker McKenzie
Lead:
Corporate/M&A: Dr. Thomas Gilles (partner, Frankfurt), Anna Maria De Vivo (partner, Milan)
Team:
Corporate/M&A: Dr. Markus Mörtel (counsel, Frankfurt), Yixin Yang (associate, Frankfurt), Dr. Jan Gutsche (associate, Düsseldorf), Federica Longo (counsel, Milan), Margerita Pasi (associate, Milan), Giacomo Lamperti (associate, Milan), Emanuelle Della Santa (associate, Milan)
Antitrust & Competition: Dr. Nicolas Kredel (partner, Düsseldorf), Jan Kresken (partner, Düsseldorf), Dr. Florian Kotman (senior associate, Düsseldorf), Francesca Divetta (senior associate, Milan)
IT: Patrick Wilkening (partner, Düsseldorf), Lorenza Mosna (senior Associate, Milan)
Public Law: Dr. Alexander Ehrle (senior associate, Berlin), Kimberley Fischer (associate, Berlin)
Commercial & Trade: Dr. Philipp Schütt (counsel, Düsseldorf), Giacinto Zampetti (counsel, Milan)