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Freshfields Advising ABB in its Acquisition of SEAM Group

Freshfields is advising ABB Ltd. in its acquisition of SEAM Group, a major provider of energized asset management and advisory services to clients across industrial and commercial building markets. The transaction was announced on February 16, 2024, and is subject to regulatory approvals, with closing expected in the third quarter of 2024. Financial terms of the transaction were not disclosed.  More details on the transaction can be found here.

The Freshfields team is led by New York M&A partners Paul Tiger and Andrea Merediz Basham and associates Lauren Storwick, Elen Shlyakhanova and Madeline Goodlad.

About Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on groundbreaking and business-critical mandates. Our 2,800-plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multinational expertise, and business know-how means our clients rely on us when it matters most.

Freshfields is ranked by Chambers Global in Band 1 across the six areas of antitrust, corporate/M&A, litigation, international arbitration, tax, and public international law. For more information visit our home page.