DLA Piper has advised GE Betz on its acquisition of the entire issued share capital of Monsal Holdings Limited (Monsal) for an undisclosed sum.
Monsal is one of the UK's leading advanced anaerobic digestion & integrated biogas to energy businesses. The transaction enables GE Betz, which falls under the GE Power & Water arm, to provide customers with more energy-efficient options for water treatment solutions.
This acquisition will enable Monsal to take advantage of the benefits provided by GE's world class global platform; including greater access to a wider consumer base and larger scale R&D capabilities.
The DLA Piper transaction team was led by partner Jim Lavery (Birmingham, Corporate) and supported by partner Andrew Davies (Manchester, Finance & Projects), partner Claire Bennett (London, IPT) and associate Rosie Hendon (Birmingham, Corporate).
Jim Lavery commented: "This is a great strategic acquisition for GE Power & Water enabling them to globalise the anaerobic digestion expertise of the Monsal team."