CMS advises Nikkiso on the acquisition of Cryogenic Industries for USD 483 million

Nikkiso Co., Ltd., a global leader in advanced technologies for Industrial, Clean Energy, Aerospace and Medical markets, announced on 22 August 2017 the closing of the acquisition of Cryogenic Industries, Inc. of Temecula, CA, USA and Cryogenic Industries AG, Switzerland, consisting of all its operations. Nikkiso Co., Ltd. is listed on the Tokyo Stock Exchange.

Cryogenic Industries, a group consisting of original technology brands ACD, COSMODYNE, CRYOQUIP, has more than 40 years of experience in the engineering and manufacturing of cryogenic equipment and is a leading supplier to the industrial gases and natural gas markets; two of the major forecasted growth markets.

A team from CMS Zurich advised Nikkiso on the Swiss legal aspects of the transaction.

CMS Switzerland

Stefan Brunnschweiler, Lead Partner, Corporate/M&A

Mark Cagienard, Partner, Tax

Anna Tomaschek, Associate, Corporate/M&A