London, 15 December 2006 – LAWFUEL – UK Business + Law Network – Baker & McKenzie, London has advised Grundfos on its acquisition of Watermill Products Ltd, a British shower pump manufacturer.
Grundfos is a leading group in the development, production and sales of pumps around the world. It is represented through its own sales companies in 41 countries, and in 2005 had a turnover of £1.2 billion.
The UK is one of Grundfos’ largest and most well established markets, and its acquisition of Watermill Products Ltd, will contribute to the Group’s annual £100 million turnover in the UK.
Gabriel Fisher, Corporate partner at Baker & McKenzie, said: ”The UK is a significant market for our client, and this acquisition provides a new opportunity for Grundfos to expand its growing operations here.”
Fisher led the Baker & McKenzie, which also included associates Richard Cowie and Laura Passey.