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.
About Bavaria Schweißtechnik GmbH
Founded in 1985, Bavaria Schweißtechnik GmbH is a medium-sized company based in Bavaria with its own development and production facility for welding powders and filler materials for submerged arc welding applications. With many years of expertise in submerged arc applications, Bavaria Schweißtechnik GmbH works with its customers to develop precisely tailored products that are exported to over 60 countries.
About ESAB Corporation
Founded in 1904, ESAB Corporation is a closely diversified global leader in connected manufacturing technology and gas control solutions. Headquartered in North Bethesda, Maryland, ESAB Corporation employs approximately 9,000 people and serves customers in approximately 150 countries.
About Reed Smith
Reed Smith is a dynamic international law firm dedicated to helping clients move their businesses forward. With an inclusive culture and innovative mindset, we deliver smarter, more creative legal services that drive better outcomes for our clients. Our deep industry knowledge, long-standing relationships and collaborative structure make us the go-to partner for complex disputes, transactions and regulatory matters.
For more information, please visit reedsmith.com.
