Mettler-Toledo’s Acquisition of PendoTECH

Fried Frank acted as counsel to Mettler-Toledo International Inc. on the deal.

Mettler-Toledo International Inc. (“MTD”) executed its acquisition of PendoTECH. The acquisition consideration includes a $185m initial payment, contingent consideration of up to $20m and other post-closing amounts.

PendoTECH is a manufacturer and distributor of single-use sensors, transmitters, control systems and software for measuring, monitoring and data collection primarily in bioprocess applications.

MTD is a leading global supplier of precision instruments and services.

The Fried Frank team advising MTD was led by corporate partner Mark H. Lucas (Picture) and included corporate partner Michael T. Gershberg; antitrust and competition partner Nathaniel Asker; executive compensation & ERISA partner Donald P. Carleen; intellectual property and technology partner Amir R. Ghavi; litigation partner Michael J. Anstett; tax partner Alan Kaden; corporate real estate special counsel Melissa A. Meyrowitz; environmental special counsel Mary Beth Houlihan; litigation special counsel Michael A. Kleinman; corporate associates Moshe A. Cohen, Miyoshie C. Lamothe-Aime, Carolyn A. McNamara, and Justin A. Schenck; antitrust and competition associates Annalie R. Grogan, Neda Moussavi, and Summer K. Quintana;  executive compensation & ERISA associate Tyler Forni; intellectual property and technology associate Justin P. Charles; litigation associate James Lockerby; and tax associate Karen Li.

Involved fees earner: Michael Anstett – Fried Frank Harris Shriver & Jacobson; Nathaniel Asker – Fried Frank Harris Shriver & Jacobson; Donald Carleen – Fried Frank Harris Shriver & Jacobson; Moshe Cohen – Fried Frank Harris Shriver & Jacobson; Tyler Forni – Fried Frank Harris Shriver & Jacobson; Michael Gershberg – Fried Frank Harris Shriver & Jacobson; Amir Ghavi – Fried Frank Harris Shriver & Jacobson; Annalie Grogan – Fried Frank Harris Shriver & Jacobson; Mary Beth Houlihan – Fried Frank Harris Shriver & Jacobson; Alan Kaden – Fried Frank Harris Shriver & Jacobson; Michael Kleinman – Fried Frank Harris Shriver & Jacobson; Miyoshie Lamothe-Aime – Fried Frank Harris Shriver & Jacobson; Karen Li – Fried Frank Harris Shriver & Jacobson; James Lockerby – Fried Frank Harris Shriver & Jacobson; Mark Lucas – Fried Frank Harris Shriver & Jacobson; Carolyn McNamara – Fried Frank Harris Shriver & Jacobson; Melissa Meyrowitz – Fried Frank Harris Shriver & Jacobson; Neda Moussavi – Fried Frank Harris Shriver & Jacobson; Summer Quintana – Fried Frank Harris Shriver & Jacobson; Justin Schenck – Fried Frank Harris Shriver & Jacobson;

Law Firms: Fried Frank Harris Shriver & Jacobson;

Clients: Mettler-Toledo International;

Author: Martina Bellini