BW Water acquires two Dresden-based plant engineering companies with Menold Bezler
Menold Bezler has advised the Singapore-based BW Water Group on the acquisition of H+E Pharma GmbH ("H+E Pharma") and S-Tec GmbH ("S-Tec"), both based in Klipphausen near Dresden, including the business premises as part of an asset deal. Both companies are located in the so-called "Silicon Saxony", the largest semiconductor cluster in Europe.
H+E Pharma is a high-tech plant engineering company that manufactures, stores and distributes pure water system solutions for pharmaceutical customers. S-Tec manufactures equipment and systems for the purification and treatment of water and other liquids of all kinds. Both companies had been in self-administered insolvency proceedings since August 2023.
Founded in 2017, BW Water Group, a joint venture of BW Group, is a leading provider of water and wastewater systems for the industrial and municipal markets. The acquisition is part of BW Water's global expansion and strengthens the company's European presence and expertise.
Menold Bezler advised BW Water on all transaction-related legal matters.