Swedish industrial robot manufacturer AB Rotech Tooling sold its subsidiary AB Rotech (based in Turkey) as well as an affiliate to ABB Group, based in Zurich. Bryan Cave Leighton Paisner's M&A team, led by Dr. Staffan J. Wegdell and Dr. Hubertus Schroder, advised AB Rotech Tooling and its owner Joachim Aronsson in this transaction.
Through this acquisition, the listed Swiss technology company ABB strengthens its robotic welding solutions and particularly its capabilities in the automotive segment as supplier to OEMs and Tier 1 suppliers.
AB Rotech specializes in the manufacturing of robot-based automation systems. Among its clients are numerous international companies such as Renault, Magna, Henkel, BMC, Beko, Coca-Cola, Arcelik, Tofas and Componenta. The company was founded in April 2000 and is based in Bursa, Turkey. The holding company AB Rotech Tooling, based in Goteborg, Sweden, is an international full-service provider for turn-key industry automation.
ABB is a pioneering technology leader operating in more than 100 countries with about 147,000 employees.
Advisers to AB Rotech Tooling
Bryan Cave Leighton Paisner, Hamburg
Dr. Hubertus Schroder, Counsel (Lead, Corporate, M&A)
Dr. Staffan J. Wegdell, Counsel (Lead, Corporate, M&A)
Dominik Weiss, Counsel (IP)