SIMONA AG’s Acquisition of Peak Pipe Systems Limited

Brachers has advised SIMONA AG on the deal. DLA Piper acted as advisors to Bridgstock Limited. Mazars advised on corporate finance aspects of the matter.

SIMONA is one of the leading producers and development partners in the field of thermoplastics, headquartered in Germany and listed on the Frankfurt Stock Exchange.

Operating worldwide, they offer technical solutions centred around industry and infrastructure, within the chemical process and semiconductor industry.

Peak is one of the UK’s leading manufacturers of high-quality polyethylene pipe systems in the UK infrastructure market.

The acquisition will underpin SIMONA Group’s strategic realignment, the aim being to achieve a strong focus on applications, while supporting the Group in its efforts to achieve its growth targets in the infrastructure and aquaculture markets within the EMEA region.

Brachers worked with Mazars Legal, the German member of the international Marcalliance network of law firms, bringing together both UK and German legal expertise to successfully complete the transaction.

James Bullock (Picture), Head of Corporate, lead the multi-discipline deal team at Brachers. James was supported by Partner Claire Williams and solicitors Sunil Landa and Kieron Cummins in the Corporate team, along with Partner Colin Smith from the Employment team and Partner Lee May from the Commercial Property team. The team advised on all UK legal aspects of the transaction, including negotiating the sale agreement and undertaking due diligence.

Involved fees earner: James Bullock – Brachers Law LLP; Kieron Cummins – Brachers Law LLP; Sunil Landa – Brachers Law LLP; Lee May – Brachers Law LLP; Colin Smith – Brachers Law LLP; Claire Williams – Brachers Law LLP;

Law Firms: Brachers Law LLP;

Clients: SIMONA Group;

Giulia Di Palma

Author: Giulia Di Palma