Paksoy has worked alongside global counsel Winston & Strawn in advising Danfoss A/S, a Danish manufacturer of heat transfer solutions, on its USD 3.3 billion acquisition of Eaton Corporation’s hydraulics business. Gibson & Dunn reportedly advised Eaton on the transaction, which remains subject to regulatory approval and is expected to close by the end of 2020.
The Paksoy team included Partner Elvan Aziz and Senior Associate Hazal Korkmaz.
The Winston & Strawn team included Partners Neely Agin, Uri Doron, Robert Heller, Eleni Kouimelis, Scott Landau, Jared Manes, Christopher Monahan, Conor Reidy, Becky Troutman, and Douglas Yeager and Counsel Francesca Guerrero.
Editor's note: On August 9, 2021, Buzescu Ca informed CEE Legal Matters that it had acted as Romanian advisor to Danfoss. The global deal closed on August 2, 2021. The firm's team included Partners Adrian Tomescu and Peter Buzescu.
