TGS Baltic has advised the Fluid Handling Solutions business group of Axel Johnson International on its acquisition of Bahr Pump OU in Estonia, Pumptechnique SIA in Latvia, and Flow Technologies UAB in Lithuania.
According to TGS Baltic, all three acquired companies specialize in supplying fluid handling equipment, advanced systems, and service to end-users and contractors. Some of their key products include pumps, loading arms, actuators, and hydrocarbon metering, primarily for the petrochemical, chemical, food, and power generation industries.
The TGS Baltic team advising AxFlow included Estonian Associate Partner Kadri Kallas and Senior Associate Meree Punab, Latvian Partner Andra Rubene and Senior Associate Nauris Grigals, and Lithuanian Associate Andrius Voska.