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Eversheds Sutherland advises Badger Meter on the acquisition of s:can
- Austria
17-11-2020
International law firm Eversheds Sutherland advised Badger Meter, Inc. (NYSE: BMI), a listed company and global provider of industry leading water solutions, on the acquisition of all shares in Austrian s:can GmbH. and its subsidiaries.
The M&A team in Vienna carried out the cross-border transaction from planning, due diligence and share purchase to the closing on November 2. The project management between the jurisdictions was also led by Austria.
Badger Meter is a U.S.-based global provider in flow measurement, control and communication solutions for water utilities, municipalities and commercial and industrial customers worldwide. With the value-enhancing acquisition of s:can, the company continues its growth strategy.
s:can is a leading technology provider of online water quality monitoring systems serving the entire water industry. s:can was founded in Austria as a university spin-off and is now represented worldwide with offices in six countries and 45 sales partners.
The Austrian M&A team, Silva Palzer (Partner), Mario Tiefenbacher (Legal Director) and Lukas Plösch (Principal Associate) advised Badger Meter on the entire transaction. Furthermore, there was a close cooperation with the Eversheds Sutherland offices in the USA, France, Spain, Mexico, China and India. Dr. Hanno Schatzmann (Reidlinger Schatzmann) represented the seller.
About Eversheds Sutherland
Eversheds Sutherland is one of the world's leading law firms and is exclusively represented in Austria by Stolitzka & Partner Rechtsanwälte OG. Eversheds Sutherland offers legal advice in 68 offices in Europe, the USA, the Middle East, Asia and Africa.
This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.
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