McDermott Advises Camfil on the Acquisition of Handte Group
MUNICH, 3 March 2014 – McDermott, jointly with Ashurst, successfully represented Camfil Holding GmbH in the acquisition of Handte Group which consists of entities in Germany and subsidiaries in Switzerland, the Czech Republic and China. The acquisition is expected to be closed in the first quarter this year.
The Swedish Camfil group is the world’s largest dust collection factory and produces air filters and clean air solutions. The Handte group is the leading German manufacturer and provider of environmental engineering products, filter technology processes and air pollution control applications. With more than 120 years of experience, the company is a recognized specialist in exhaust air purification for a wide range of manufacturing industries. “With this transaction McDermott is once again demonstrating its skill and strength in the area of mid-market, cross-border transactions, » said Nikolaus von Jacobs, lead partner on the deal at McDermott.
The McDermott team included Corporate partner Nikolaus von Jacobs and associate Matthias Weingut as well as Labor & Employment partner Paul Melot de Beauregard and associate Maximilian Baur.
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