Smiths Group PLC completed the acquisition of Wattco. Following this acquisition, Wattco will be integrated into the electric heating solutions platform within Smiths Group's Flex-Tek business.
For Smiths Group PLC, this acquisition represents a meaningful expansion of the company's presence in electric heating, increasing its customer base, product range and geographical coverage in this field.
A Fasken team composed of Caitlin Rose, Alexandra Lazar, Gemma Caprio, Elissa Brock, Lucas Noradounkian, Rhonda Grintuch, Florence Gauthier, Brooke Naomi Levy, Jean-Philippe Therriault, Julien Cossette, Jean-Philippe Mikus and Isabelle Kalar, Julie Uzan-Naulin, William Deneault-Rouillard, Quentin Lageix, Alain Ranger, Pascal Provost, Elisa Eouzan and Clifford Sosnow advised Smiths Group PLC in connection with this acquisition.