Industrials

Jurisdiction: EC (EU), DOJ (USA)

David Verroken acted in overseeing compliance by the merging parties with a combination of divestment commitments and asset / R&D transfer undertakings:

• Carve-out of previously integrated activities into a standalone divestment business, and divestment.

• Transfer of production technology and assets.

• Transfer of designated new product R&D and related assets.

• Operation of transitional support services.

• Non-solicitation of divested business personnel.