Hengeler Mueller advises Emerson on sale of sensor production
02. August 2016
TS Temperatur Sensorik GmbH a subsidiary of WIKA Group, located in Klingenberg (Bavaria), acquired the Karlstein based sensor production from Emerson Process Management GmbH & Co. OHG by way of an asset deal. The purchase price was not disclosed by the parties.
The Karlstein location of Emerson Process Management produces the product line "custom sensors", that is sensors which are manufactured to customer specifications and which are used in the field of temperature measurement.
Emerson Group is a multi-national conglomerate based in Ferguson, Missouri. The Fortune 500 Company offers engineering services and products for a wide range of industrial, trading and retail markets.
Hengeler Mueller advised Emerson on this transaction. The Hengeler Mueller team was led by partner Maximilian Schiessl and included partners Alexander Nolte (both Corporate/M&A) and Alf-Henrik Bischke (Antitrust) as well as counsel Patrick H. Wilkening (It/IP) and associates Dominik Heß, Daniel Doetsch, Ute König (all Corporate/M&A) and Philipp Otto Neideck (Antitrust) (all Düsseldorf).