Cripps Pemberton Greenish advised TPL Vision with a team including Olivier Morel (Picture – Corporate M&A).
Founded in 2005, French-Scottish company TPL Vision develops and manufactures LED illumination for use in industrial automation, machine vision, robotics, and logistics applications. Headquartered in Germany, Wenglor Group is a global player in the fields of sensors and machine vision. The acquisition of TPL Vision will reinforce its position in the machine vision sector, specifically with innovative LED illumination technologies for industrial image processing.
TPL Vision will be integrated into the Wenglor Group as a division, but will continue to exist as an independent business unit. Their two locations in Perth, Scotland and La Chevrolière, France, will remain in operation.
Cripps advised on all the English law and tax aspects of the deal with input from NGM Tax Law, and also project-managed the French legal input provided by French firm BG2V. German law advice to TPL Vision was provided by O&R Group and the Wenglor Group were advised by Gleiss Lutz and Burgess Salmon.
The Cripps legal team was led by Olivier Morel (Picture) and included Helen Garner, Megan Pitt, Meg Harold (all Corporate) and Patrick Glencross (Employment).
Law Firms: Cripps Pemberton Greenish;
Clients: TPL Vision;