Ingersoll Rand’s Acquisition of Seepex GmbH

Gleiss Lutz and Simpson Thacher have advised Ingersoll Rand on the deal.

Ingersoll Rand, a technology group listed in the S&P 500 on the New York Stock Exchange, acquired all the shares in seepex GmbH, a specialist in pump technology.

Closing of the transaction with a value of around EUR 431.5 million is expected to take place in the third quarter of 2021 and is still subject to the customary regulatory clearances. Once the transaction has been concluded, the SEEPEX business will be integrated into Ingersoll Rand’s Precision and Science Technologies (PST) segment.

Ingersoll Rand is a US technology group headquartered in Swords, Irelands, with its operational head office in Davidson, North Carolina, U.S. Via its subsidiaries, the group of companies manufactures a broad range of mission-critical air, fluid, energy, specialty vehicle and medical technologies, providing services and solutions to increase productivity and efficiency for diverse industries such as the automotive sector, industrial manufacturing, construction and agriculture.

seepex GmbH, based in Bottrop with facilities in North America and Asia Pacific, is a world-leading manufacturer of progressive cavity pumps, a segment of positive displacement pumps that primarily serves water, wastewater, food and beverage, and chemical end markets. With around 800 employees, the company has annual revenue of approximately EUR 160 million.

The team of Gleiss Lutz lawyers included Dr. Rainer Loges (Picture – partner, lead, Munich), Dr. Maike Sauter (Stuttgart), Andrej Popp (Frankfurt), Dr. Markus Braun, Dr. Olaf Hohlefelder (both Munich, all M&A), Dr. Jens Günther (partner), Dr. Matthias Böglmüller (both Employment), Dr. Matthias Werner (counsel), Dr. Theresa Uhlenhut, Sebastian Girschick, Michael Feilke (all IP/IT), Dr. Manuel Klar (Data Protection), Dr. Iris Benedikt-Buckenleib (counsel, Competition/Antitrust, all Munich), Dr. Jacob von Andreae (partner), Dr. Lars Kindler, Aylin Hoffs (all Public Business Law, Düsseldorf), Dr. Johannes Niewerth (partner), Lesley Milde (both Real Estate, Hamburg), Dr. Stefan Mayer (partner), Dr. Ocka Stumm (both Tax), Dr. Thomas Kulzer (counsel, Finance, all Frankfurt).?

The Simpson Thacher team included Eric Swedenburg, Jihyun Chung and Izaak Lustgarten (M&A); Andrew Purcell and Dmitry Zelik (Tax); David Vann, Daniel Owsley, Jessica Davies and Kelly Karapetyan (Antitrust); Tristan Brown and Ashlie Lawton (Employee Benefits); Lori Lesser and Corina McIntyre (IP); Michael Isby and Timothy Mulvihill (Environmental); and Dennis Loiacono and Stephanie Brenner (Real Estate).

Involved fees earner: Iris Benedikt-Buckenleib – Gleiss Lutz; Matthias Böglmüller – Gleiss Lutz; Markus Braun – Gleiss Lutz; Michael Feilke – Gleiss Lutz; Sebastian Girschick – Gleiss Lutz; Jens Günther – Gleiss Lutz; Aylin Hoffs – Gleiss Lutz; Olaf Hohlefelder – Gleiss Lutz; Lars Kindler – Gleiss Lutz; Manuel Klar – Gleiss Lutz; Thomas Kulzer – Gleiss Lutz; Rainer Loges – Gleiss Lutz; Stefan Mayer – Gleiss Lutz; Lesley Milde – Gleiss Lutz; Johannes Niewerth – Gleiss Lutz; Andrej Popp – Gleiss Lutz; Maike Sauter – Gleiss Lutz; Ocka Stumm – Gleiss Lutz; Theresa Uhlenhut – Gleiss Lutz; Jacob von Andreae – Gleiss Lutz; Matthias Werner – Gleiss Lutz; Stephanie Brenner – Simpson Thacher & Bartlett; Tristan Brown – Simpson Thacher & Bartlett; Jihyun Chung – Simpson Thacher & Bartlett; Jessica Davies – Simpson Thacher & Bartlett; Michael Isby – Simpson Thacher & Bartlett; Kelly Karapetyan – Simpson Thacher & Bartlett; Ashlie Lawton – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Dennis Loiacono – Simpson Thacher & Bartlett; Izaak Lustgarten – Simpson Thacher & Bartlett; Corina McIntyre – Simpson Thacher & Bartlett; Timothy Mulvihill – Simpson Thacher & Bartlett; Daniel Owsley – Simpson Thacher & Bartlett; Andrew Purcell – Simpson Thacher & Bartlett; Eric Swedenburg – Simpson Thacher & Bartlett; David Vann – Simpson Thacher & Bartlett; Dmitry Zelik – Simpson Thacher & Bartlett;

Law Firms: Gleiss Lutz; Simpson Thacher & Bartlett;

Clients: Ingersoll-Rand plc;

Federica Tiefenthaler

Author: Federica Tiefenthaler