11.11.2024 | Deal Notifications
KPMG Law and KPMG advised Senseca on the acquisition of Biral
KPMG Law and KPMG advised Senseca Germany GmbH, a global leader in environmental monitoring and measurement technology, on the acquisition of British-based Biral Ltd, a provider of high-precision meteorological sensors. KPMG Law and KPMG accompanied Senseca in the acquisition of all shares of Biral. Biral will gradually be integrated into the Senseca operations, whilst maintaining its own branding for the time being. With the acquisition, Senseca supports its strategic focus on solutions that address critical environmental challenges, with an emphasis on the growing demand for advanced weather monitoring systems, bolstering the position as a global leader in environmental sensor technology. Biral’s portfolio is highly recognized for its precision in monitoring visibility, present weather conditions, and thunderstorm detection, serving customers across multiple industries worldwide. KPMG Law advised with a cross-border team on the entire transaction, in particular on Legal Due Diligence and SPA negotiations, but also on side topics such as UK FDI regime and other legal topics in connection with the transaction. Alongside KPMG Law, KPMG advised Senseca on Tax and FDD questions. Advisors to Senseca:
KPMG Law:
Dr. Ian Maywald (Partner Germany, Lead), Tim Sydor (Partner UK, Lead), Jonathan White (Senior Manager UK) Dr. Robert Müller (Senior Manager Germany) KPMG: Roman Meissner (Partner, Tax Germany), Nilesh Patel (Director, Tax UK), Claus Buhmann (Partner, TS Germany) Chris Stott (Partner, TS UK).
