03 Apr 2018
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International law firm Simmons & Simmons has advised the US based, Moog Inc. on the acquisition of the Czech/German company Vues Brno. The transaction was completed at the end of March 2018 for a purchase price of $53m.
The team, led by partner, Stephan Ulrich, who is based in the firm’s Dusseldorf office, consisted of M&A lawyers from both Germany and the UK.
Moog Inc. is a worldwide designer, manufacturer and integrator of precision control components and systems. Vues designs and manufactures customized electric motors, generators and solutions.
Commenting on the transaction, Stephan Ulrich said: "We have been working with Moog for a number of years, most recently on the acquisition of Rekofa. This has provided us with a thorough knowledge of their motion control technology business and the usage of their applications in aerospace, defense, industrial and medical devices. We are glad that we are once again able to help Moog achieve its growth ambitions."
Simmons & Simmons collaborated with the leading Czech firm Havel and a team led by M&A partner Ludvik Juricka.
The full Simmons & Simmons team included Stephan Ulrich (M&A), Giles Dennison (M&A, London), Karin Hribar (M&A), Anja Schlichting (M&A), Martin Gramsch (anti-trust), Alexander Greth (employment), Christopher Götz (ICT) and Matthias von Holten (M&A), all Düsseldorf.