Cases & Deals

Babcock & Wilcox acquires SPIG for €155 million (US$173.9 million)

Client(s) Babcock & Wilcox Enterprises, Inc.

Jones Day advised Babcock & Wilcox Enterprises, Inc. in connection with its €155 million (US$173.9 million) acquisition of SPIG S.p.A., an Italian company headquartered near Milan, Italy, which provides custom-engineered cooling systems and services to end-users on a global basis.

In addition to M&A representation, Jones Day provided antitrust and tax advice regarding this transaction.