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Ashurst advises Siemens Energy on sale of BIC Business to Triton Funds

24 October 2023

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    Ashurst advised Siemens Energy on the sale of its bushings, instrument transformer and coils business to Triton Funds. The parties have agreed not to disclose the terms and conditions of the transaction. The transaction is subject to the fulfilment of customary closing conditions and is expected to close in the first half of 2024.

    The in-house legal team of Siemens Energy led by Dr Lars Stelling (Head of Legal M&A / Regulatory) and Jörn Eickhoff (Competition) comprised Dimitrios Andreadis, Sabrina Mayer and Christoph Meier (all Legal M&A).

    德国灰urst team was led by partner托马斯·萨赫博士(Corporate). He was assisted by partnersDr Benedikt von Schorlemer(Corporate),Dr Andreas Mauroschat(bob88体育 ) andDr Anders Kraft(Tax), counselVolker Germann,Dr Valentin Pfisterer(both Corporate) andDr Susanne Knoch(Tax) as well as associatesDr Konstantin FilbingerandChris Cerny(both Corporate Transactions).

    Furthermore, Ashurst teams were involved in particular inParis(led byAnne Reffay) andShanghai(led byMichael Sheng).

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