InsightsNews - Corporate - POSTED: October 26 2023
Brachers advises BARTEC on purchase of explosion-proof equipment firm Extronics
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Brachers’ Corporate team has advised BARTEC on its acquisition of Cheshire-based explosion-proof equipment manufacturer, Extronics.
Germany-headquartered BARTEC is a global specialist in industrial safety technology, providing state-of-the-art products and solutions that support hazardous area digitalisation to its global client base.
Extronics is a designer and manufacturer of safe and explosion proof equipment. From its Cheshire headquarters, it serves customers that work in potentially explosive and harsh industrial environments, especially those in the oil and gas, chemical, pharmaceutical, and mining industries.
The combined business is set to redefine hazardous area certified digitalisation technology, delivering unmatched value worldwide.
The Brachers’ Corporate team was led by partners James Bullock and Dan King, assisted by Kieron Cummins (Corporate), Joseph Burrows (Corporate), Angela Ruminski (Commercial Property) and Lisa Rothon (Employment).
Dr Martin Schefter, CEO of BARTEC commented: “The acquisition of Extronics is the consequent next step for BARTEC to evolve into the world’s leading provider of digital infrastructure and equipment for hazardous areas. The combined portfolio will now be the most comprehensive in the market and allows our customers to implement industrial IIoT networks and mobile devices. I look forward to the integration of the new employees, which we welcome to BARTEC with their very special know-how.”
Dr Schefter added: “Brachers worked incredibly well with the BARTEC team and its other advisors and ensured that we were kept up to date with the progress of the transaction at all times. The transaction was delivered efficiently and on time and we were very impressed with the service provided.”
Dan King, Corporate partner at Brachers, added:
“It was fantastic to work with the BARTEC team who were a pleasure to work with throughout the transaction. It was also great to work with BARTEC’s other advisors, including Mazars in Germany and the UK. The successful delivery of this deal further highlights Brachers’ corporate team’s cross-border capabilities. We hope for a smooth integration and wish the enlarged business every success in the years ahead.”
This content is correct at time of publication
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