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Baker McKenzie and Gessel Advise on Financing for Dec Group's Acquisition of Extract Technology

Baker McKenzie and Gessel Advise on Financing for Dec Group's Acquisition of Extract Technology

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Baker McKenzie has advised the banks on financing for Dec Group's acquisition of the Extract Technology business from Wabash National. Gessel, working with lead counsel BMH Brautigam, advised the Dec Group on Polish law. Meyerlustenberger Lachenal, Shoosmiths, and the Shelowitz Law Group also advised the borrower on Swiss, English, and US law issues, respectively.

UBS Switzerland AG and Banque Cantonale Vaudoise acted as mandated lead arrangers in the transaction.

The Switzerland-headquartered Dec Group is a supplier of powder handling and process containment equipment, particularly for the pharmaceutical industry, enabling safe and sterile transportation and handling of hazardous and potentially explosive powders.

The US-based Wabash National Corporation is an industrial producer of trailers, tank trailers, and other products for the transportation industry. 

Extract Technology is a provider of containment and aseptic systems for the pharmaceutical, biotech, nuclear and chemical markets. Extract is headquartered in Huddersfield, UK, with an additional site in New Lisbon, USA.

Baker McKenzie's team was led by Zurich-based Partner Lukas Glanzmann and Senior Associate Philip Spoerle and included Zurich-based Associate Sarah Poncini, New York-based Partner Mark Tibberts, Associate Gina Sato, and Junior Associate Paulina Timmer, Warsaw-based Senior Associate Pawel Ostrowski, and London-based Partner Luka Lightfoot and Associate Alexander Taylor.

The BMH Brautigam team included Partners Andrea Reichert-Clauss and Tina Schmidt and Lawyers David Thuning and Till Wansleben.

Gessel's team included Partner Aldona Pietrzak and Managing Associate Maciej Boryczko.

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