Eversheds Sutherland has advised Omicron Electronics GmbH on the acquisition of b2 Electronic GmbH from sellers Stefan Baldauf, Rudi Blank, and Maybridge Investments. Binder Groesswang advised the sellers on the deal, which closed at the end of March.
Austria's b2 Electronic, which employs more than 50 people, specializes in the testing of medium voltage cables. For its part, Omicron develops innovative testing, diagnostic, and monitoring solutions for electrical energy systems, and the company employs around 700 people at 24 locations, with customers in more than 160 countries.
The Eversheds Sutherland team was led by Partner Alexander Stolitzka and Senior Associate Mario Tiefenbacher.
The Binder Groesswang team included Partners Andreas Hable, Christian Zwick, Johannes Barbist, Emanuel Welten, Markus Uitz, and Ivo Rungg, Counsels Alexander Kramer and Hellmut Buchroithner, Attorneys at Law Moritz Salzgeber, Christian Zwick, Sabine Apfl-Trompeter, Philipp Spring, and Clemens Wilvonseder, and Associates Daniel Schmidt, Florian Dollenz, Adrian Zuschmann, Michael Delitz, and Alexander Hiermann.