Air Water Inc.’s Acquisition Of Hitec Holding B.V.


Baker McKenzie advised Egeria on the sale of Hitec to Air Water Inc.

Hitec develops, manufactures and delivers emergency power supplies to ensure uninterrupted and continuous electricity for mission-critical processes in the event of a power outage. Clients include datacenters, semiconductor producers, hospitals, airports and financial institutions. In 2017, Hitec was involved in the construction of the power supply in Amsterdam’s Gaasperdammer tunnel. Hitec is headquartered in Almelo, the Netherlands and has branches in the US, UK, Spain, China, Singapore, Malaysia, Taiwan and Russia.

The Baker McKenzie M&A team that advised Egeria on the acquisition consisted of Casper Banz (Picture), Mo Almarini, Joost Polman, Niels Matze, Renate Bik, Koen Bos, Willem Jan Treuren, Christiaan van der Meer and Derk Christiaans. In addition, many colleagues from the Amsterdam office as well as other offices assisted in conducting the vendor due diligence for this transaction.

Involved fees earner: Mohammed Almarini – Baker McKenzie; Casper Banz – Baker McKenzie; Renate Bik – Baker McKenzie; Koen Bos – Baker McKenzie; Derk Christiaans – Baker McKenzie; Niels Matze – Baker McKenzie; Joost Polman – Baker McKenzie; Willem Jan Treuren – Baker McKenzie; Christiaan van der Meer – Baker McKenzie;

Law Firms: Baker McKenzie;

Clients: Egeria;