Browne Jacobson advise on disposal of Sella Controls to HIMA Group
Browne Jacobson’s corporate dealmakers have advised the shareholders of UK system integrator, Sella Controls, on their disposal to HIMA Group, which specialises in safety-related automation solutions.
The acquisition will support both companies with their growth strategies and ambitions to expand their range of solutions for railway technology and the process industry.
The Browne Jacobson advisory team comprised partner Gavin Cummings, senior associate Kirk Glenn and associate, Jack Milnthorpe.
HIMA, which is headquartered in Bruehl, Germany, is a world leading specialist in plant safety. The business works with some of the globe’s largest companies in industries including process and power generation, rail, energy, chemicals & petrochemicals and oil & gas.
Steffen Philipp, Shareholder HIMA Group said: “HIMA has had a long-standing and close relationship with Sella Controls and shares the same vision and values. With Sella Controls the HIMA Group will accelerate its international expansion and strengthen its global competitiveness."
Eddy Turnock, CSO Sella Controls added: "It’s a Win-Win-Situation for HIMA and Sella Controls, with multiple synergies: HIMA will benefit from the long-term experience of Sella Controls in the development of solutions for the rail industry and we at Sella Controls will be able to utilize HIMA’s global sales and service to boost our international business."
Browne Jacobson’s national corporate finance practice is ranked by Experian as one of the country’s leading corporate finance teams. It operates from our offices in Birmingham, London, Manchester, and Nottingham and is made up of over 50 expert corporate, private equity, venture capital (VC) and banking & finance lawyers delivering multi-layered transactions across a diverse range of sectors.
The team works collaboratively with a rich, diverse, and longstanding portfolio of domestic and international clients including, fast growing start-ups, FTSE 100 companies, private equity investors and the UKs leading banking institutions.
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