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EPAM Advises FAM in Acquisition of Sandvik Process Systems Business Subdivision

EPAM Advises FAM in Acquisition of Sandvik Process Systems Business Subdivision

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Egorov Puginsky Afanasiev & Partners has advised FAM AB, Sweden holding company, on its USD 580 million plus acquisition of business subdivision of Sandvik Process Systems. Nordic law firm Roschier acted as global counsel for Sandvik.

According to EPAM, the deal helped FAM to enter the new market of production equipment in 16 jurisdictions (including Sweden, China, Germany, Italy, Japan, the USA, Brazil, Canada, France, India, Mexico, Russia, Singapore, South Korea, Spain, and the United Kingdom) at a single stroke, and gave Sandvik Process Systems new opportunities for innovation, growth, and profitability. 

FAM AB is a Swedish asset management company with shares in machinery, timber, energy, and industrial companies in Europe.

Sandvik Process Systems delivers industrial process solutions for various industries.

The EPAM team included Head of St. Petersburg M&A and Corporate Practice Elena Agaeva, Counsels Olga Mischenko and Sergey Kalinin, Senior Associates Evgeniya Evdokimova and Alexey Karchemov, Associates Yuri Nefedov and Olga Tyangaeva, and Junior Associate Vladislav Chukanov.

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated office in Cyprus.

We handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys, providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru


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