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Baker McKenzie Guides Georg Fischer In Acquisition Of Majority Stake In Corys Piping System
Baker McKenzie Guides Georg Fischer In Acquisition Of Majority Stake In Corys Piping System
It is considered a significant move in the industrial sector
Global law firm Baker McKenzie has played a pivotal role in assisting Georg Fischer (GF) with the acquisition of a majority stake of 51 percent in Corys Piping System.
Georg Fischer is an international industrial powerhouse headquartered in Schaffhausen, Switzerland, specializing in piping, casting, and machining solutions.
Corys is a prominent manufacturer of sustainable piping systems for the construction market in the Middle East, based in Dubai, the United Arab Emirates.
Commenting on the landmark deal, Adnan Doha, the M&A partner at Baker McKenzie in the UAE, said, “We are thrilled to have the opportunity to work closely with our client on this key strategic transaction in the industrial sector. We congratulate all the involved parties on this significant achievement.”
The acquisition underscores the strategic vision and commitment to expansion of both organizations.
Baker McKenzie counseled Georg Fischer, addressing the complexities of the deal and ensuring a seamless transaction.
The firm’s cross-practice team was led by M&A partner Adnan Doha.
It included corporate/M&A team of Grace Ong (counsel), Nicole Galledari (associate), Ololade Odunubi (associate), Neda Bahador (associate), Sami Saygh (associate), Nadine Tannir (paralegal), Farida Sabbour (paralegal), Sanad AlMomani (trainee), Fewa Olu-Martins (trainee), and Razan Obeidat (trainee).
The employment team comprised Joanna Matthews–Taylor (partner), Aqsa Sadiq–Khan (senior associate), and Sami Nasr (paralegal).
The IP tech team included Lucrezia Lorenzini (associate) and Mona Matouri (paralegal).
The real estate expertise was provided by Keri Watkins (partner) and Jana Al-Afoo (associate).