Skip to content

Allen & Overy advises OC Oerlikon on the sale of Leybold Vacuum Group

20 November 2015

Allen & Overy LLP is advising the Swiss industrial holding company OC Oerlikon on the sale of the Leybold Vacuum group to the Swedish specialist machinery manufacturer Atlas Copco.
With around 1,600 employees and 15 subsidiaries worldwide, the Leybold Vacuum group ranks among the leading manufacturers of vacuum pumps and systems for process gas extraction. The purchaser valued the company at CHF 525 million. The transaction is subject to approval by the competent antitrust authorities and is due to complete in the middle of next year.

OC Oerlikon is a leading global technology group which offers market-leading technologies and services for surface solutions, systems for producing chemical fibres, transmission systems and propulsion solutions, as well as pre-vacuum and high-vacuum technologies and pumps and complementary equipment in growth markets. The Swiss company employs more than 15,500 people at over 200 sites in 36 countries.

The Allen & Overy team was led by partner Dr. Michael J. Ulmer (corporate/M&A) and comprised partners Dr. Heike Weber (tax, both Frankfurt), Tobias Neufeld (employment, Düsseldorf) and Dr. Ellen Braun (antitrust, Hamburg), senior associate Tim Spranger (tax) and associates Mirko von Bieberstein (corporate/M&A, both Frankfurt), Dr. Patrick Flockenhaus (employment, Düsseldorf) and Dr. Lukas Rengier (antitrust, Hamburg).

Related expertise