16 Nov 2022 | 12:27 pm |
Multinational law firm Pinsent Masons has advised Halma plc on the acquisition of WEETECH Holding GmbH - the holding company of WEETECH GmbH and its subsidiaries based in Wertheim, Germany.
WEETECH Group is engaged in the development, design, manufacture, sale, maintenance and distribution of modular high and low voltage test systems, including hardware and software, for cables, backplanes, electronic components and assemblies.
Halma plc is a long-standing client of the firm, which is based in Amersham, Buckinghamshire, UK and listed on the London Stock Exchange (FTSE 100 Index). Halma acquired the shares in Weetech through its German subsidiary Halma Holding GmbH and is mainly active in the medical, safety and measurement technology sectors.
Tobias Rodehau, who led the transaction, said: "The global M&A market has seen lots of strong deal activity since 2021 post-pandemic, and Germany has been no exception. Working on this transaction is another example of our expertise and proven cross-border approach to complex M&A transactions.”
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