Hogan Lovells advises SAUR on Unidro Group acquisition
Milan, 28 April 2020 – International law firm Hogan Lovells has advised French company SAUR in the acquisition of the Italian group Unidro, with Italy managing partner Luca Picone leading a cross border team comprising partner Tobias Faber in Germany, and associates Francesco De Michele, Ruchi Rawat and Jürgen Kess.
Established in 1971, Unidro Group designs and manufactures water treatment systems meeting process water and wastewater treatment needs of industrialists. It is a well-known supplier of heavy industries in the energy sector including oil and gas and petrochemicals. With 120 employees and annual revenue of EUR 40 million, Unidro Group serves customers all over the world with global reach across 35 countries.
SAUR has been assisting French local authorities in management of public services for 80 years. Previously focused on France and particularly its food and drinks industry, SAUR now covers all industrial sectors, in both process and wastewater treatment and expertise.
Luca Picone commented: “We are proud having assisted SAUR with its first deal in Italy. This cross border deal confirms Hogan Lovells global reach and our strong capacity to advise international clients. Our coordinated approach among different countries and industries is crucial to be the right business partner for our clients."
Tobias Faber, who has already advised SAUR on numerous projects and transactions in the past, added: "This transaction again underlines our strong position in, and comprehension of the international water sector."
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