Bulgaria/Poland: Schoenherr advises Alfa Laval on acquisition of Scanjet in Polish and Bulgarian law
Schoenherr advised the Swedish sustainable solutions provider Alfa Laval Corporate AB ("Alfa Laval") on the acquisition of Scanjet Systems AB ("Scanjet"), a global supplier of equipment for marine, offshore and industrial applications.
This transaction adds Scanjet’s intelligent tank management solutions to Alfa Laval’s already broad tanker offering, creating a complete portfolio for cargo tank needs. Scanjet’s solutions and organisation will become part of Alfa Laval per an agreement signed on 16 June 2022. The Schoenherr team advised Alfa Laval alongside lead counsel Mannheimer Swartling (Sweden) on the Bulgarian and Polish legal aspects of this transaction. This included the due diligence review of the respective subsidiaries with a focus on corporate, real estate, employment law, regulatory, IP/IT and data protection matters, and input to transaction documents, including closing and pre-closing actions.
Alfa Laval Corporate AB is a leading global provider of first-rate products in the areas of heat transfer, separation and fluid handling. The company aims to help enhance the productivity and competitiveness of its customers in various industries throughout the world – mainly in energy, the environment, food and the marine industry. Its solutions are used to heat, cool, separate and transport products such as oil, water, chemicals, beverages, foodstuffs, starch and pharmaceuticals. Founded in 1883, Alfa Laval today has approx. 17,500 employees and is listed on Nasdaq OMX.
Scanjet Systems AB is a leader in tank cleaning and possesses more than 50 years of experience. Through customer-driven product development, the company has expanded from fixed and portable tank cleaning equipment into intelligent tank management. Based in Sweden, Scanjet has manufacturing facilities in Sweden, Poland and Indonesia, with additional assembly sites in Norway and the UK. These facilities will be incorporated into Alfa Laval’s existing operations.
The Schoenherr team advising Alfa Laval on the transaction was led by Paweł Halwa (partner) and Stela Pavlova-Kaneva (attorney at law). It further included Krzysztof Leśniak (attorney at law), Daria Rutecka (senior associate), Francesca Velaj (associate) and Karolina Samocik (associate), who advised in Polish law, and Ivelina Vassileva (attorney at law), Elena Todorova (attorney at law) and Kristina Bozhinova (associate) advising on Bulgarian law.