ESAB was founded 120 years ago in the shipyards of Gothenburg, Sweden, with the invention of the first welding electrode. Since then, the company has been driving innovation in the global manufacturing and gas control industries in the areas of automation, digital solutions and robotics for light and heavy industry companies, research and healthcare.

Bavaria Schweißtechnik GmbH is a company supplying welding equipment in Unterschleißheim, Bavaria.

The shareholders of Bavaria Schweißtechnik GmbH were supported in the transaction by an interdisciplinary team from Reed Smith covering all relevant legal areas, including tax law and antitrust law. The Reed Smith team was led by partner Dr. Nikolaus von Jacobs, who was responsible for M&A/corporate matters in the deal, and once again worked successfully with M&A advisor SGP Schneider Geiwitz Wieland Corporate Finance GmbH.

The Reed Smith team advising on the deal included partner Dr. Nikolaus von Jacobs (M&A, Private Equity – overall project management), associate Matthias Weingut (M&A, Private Equity), partner Dr. Germar Enders (M&A, Private Equity), partner Nina Siewert (Tax Law), partner Dr. Michaela Westrup (antitrust law), partner Jan Weißgerber (employment law), counsel Cihangir Agdemir (real estate), associate Nadja Rünzel (competition law), and associate Robert M. Werzlau (corporate/M&A).

Von Jacobs said: “Cross-border M&A business remains exciting for German companies, and international buyers are attractive partners in the context of their growth plans. We are delighted to have been able to contribute to this with our advice and would like to thank everyone involved for the trust they have placed in us.”

With more than 300 lawyers worldwide, Reed Smith’s Global Corporate Group works seamlessly on transactions of all sizes across borders, supporting clients from a wide range of industries and economic sectors.