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Baker McKenzie Advises Lindsay on Investment in Pessl Instruments

Baker McKenzie Advises Lindsay on Investment in Pessl Instruments

Austria
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Baker McKenzie has advised the Lindsay Corporation on its acquisition of a 49.9% stake in Austria-based Pessl Instruments, with an option to acquire the rest at a later date. HBA reportedly advised Gottfried Pess on the sale.

The Lindsay Corporation manufactures and distributes irrigation and infrastructure equipment and technology.

According to Baker McKenzie, "with its interest in Pessl Instruments, Lindsay acquires a stake in a leading global provider of advanced agricultural technology solutions with its headquarters in Austria and subsidiaries in 17 countries."

The Baker McKenzie team included Vienna-based Partners Eva-Maria Segur Cabanac and Andreas Traugott, Counsels Claudia Fochtmann-Tischler, Edmund Schuster, Philipp Stanek, and Robert Wippel, Senior Associates Ladislav Bulajcsik, Andrea Haiden, Martina Grama, Nina Lenhard, and Katerina Schenkova, and Associates Mariella Neidhardt, Clara Fercsak, Julia Digruber, Silvia Samek, Marlies Kittinger, Beat Koenig, Elias Parzer, Balint Oszvar, Filip Peric, Patricia Kudweis, Paul Stoss, and Lukas Beiglbock as well as further lawyers in Washington DC, Chicago, Paris, Sao Paolo, Amsterdam, Singapore, and Rome.