International law firm Bird & Bird has been advising new client, Nasdaq listed BEI Technologies, Inc., on its acquisition of Newall Measurement Systems, BEI’s first acquisition in the UK.
The deal will enable San Francisco based BEI Technologies, an established manufacturer of electric sensors, motors, actuators, optical encoders and motion control products for use in a diverse number of sectors, to broaden its services within Europe. Newall Measurement Systems specialise in high quality digital readout systems (DRO) and digital linear encoders.
Bird & Bird, who worked in conjunction with BEI’s US advisers, Cooley Godward, acted on all aspects of the acquisition including the share purchase of Newall Measurement Systems’ French subsidiary Newall France SARL. Corporate partner Matt Dennis led the team with assistance from Sarah Sommer.
Matt Dennis added:
“We were very pleased to be working with BEI on its first acquisition in the UK.”
For more information, please contact Matt Dennis on +44 (0) 20 7415 6000 or Larry Cattle on +44 (0) 20 7415 6156.