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Cross-border CMS team advises Dover Corporation on acquisition of Swiss Maag Group


Zurich - CMS has successfully advised longstanding client Dover Corporation on its acquisition of the Maag Group (“Maag”). The deal is subject to competition clearance and is expected to complete within 30 days.

Maag, which is headquartered in Zurich, Switzerland, will be part of Downers Grove, Illinois based Pump Solutions Group (PSG®) within the Fluid Solutions platform of Dover's Engineered Systems segment.

Corporate partner Stefan Brunnschweiler led the transaction team with support of an interdisciplinary team of CMS lawyers (listed below) from Switzerland, Germany, Luxembourg, Italy, France, Brazil, China, Russia, Ukraine and Morocco. Further law firms (primarily of the World Law Group) in the US, Singapore, Taiwan, Malaysia, Canada, Indonesia, Oman, Pakistan, Saudi Arabia and South Korea advised Dover Corporation on all aspects of the acquisition of Maag Group.

“The transaction was particularly challenging since more than 20 jurisdictions were involved and had to be coordinated. This transaction is a perfect example on how well the CMS network and the World Law Group work together”, said Stefan Brunnschweiler, lead partner at CMS von Erlach Henrici.

About Dover
Dover Corporation is a multi-billion dollar diversified global manufacturer. For over 50 years, Dover has been providing its customers with outstanding products and services that reflect the company's commitment to operational excellence, innovation and market leadership. The company focuses on innovative equipment and components, specialty systems and support services through its four major operating segments: Communication Technologies, Energy, Engineered Systems and Printing & Identification. Dover is headquartered in Downers Grove, Illinois and employs over 33,000 people worldwide. Dover Corporation is traded on the New York Stock Exchange under «DOV». Additional information is available on the company's website at www.dovercorporation.com.

About PSG
Dover's Pump Solutions Group (PSG®), a global leader in positive displacement pump and supporting technologies, delivers value added pumps and systems that serve customers requiring safe and efficient transfer of critical and valuable materials. PSG features world-class facilities in the U.S., France, Germany, India, and China. Additional information is available on the company's website at www.pumpsg.com.

About Maag
Maag is a global leader in premium external gear pump technology and engineered integrated solutions for the polymer, plastic, chemical and petrochemical industries. Headquartered in Zurich, Switzerland, with offices in Germany, US, France, Italy, Singapore, Malaysia, Taiwan, Brazil and China, Maag operates globally, with operations in Switzerland, Germany, the U.S., Italy, and China, as well as additional sales support offices around the world. Maag posted 2011 revenue of approximately $170 million. Additional information is available on the company's website at http://www.maag.com/.

Involved law firms

On the due diligence:

Switzerland: CMS von Erlach Henrici (Stefan Brunnschweiler as lead partner, Dominique Gemperli, Martin Wyser, Seraina Tsering, Markus Kaiser, Miryam Meile and Christian Andres)
Luxembourg: CMS DeBacker Leclère Walry (Julien Leclère and his team)
Germany: CMS Hasche Sigle (Dr Heike Wagner and her team)
Italy: CMS Adonnino Ascoli & Cavasola Scamoni (Paolo Scarduelli and his team)
France: CMS Bureau Francis Lefebvre (Jacques Isnard and his team)
Brazil: CMS Cameron McKenna (Ted Rhodes and his team)
China: CMS, China (Steve Yu and his team)
US: Greenberg Traurig, LLP (Alan I. Annex and his team)
Singapore: Rodyk & Davidson LLP (Gerald Singham and his team)
Taiwan: Formosa Transnational Attorneys At Law (Chun-yih Cheng and his team)
Malaysia: Shearn Delamore & Co. (Swee-Kee Ng and his team)

On the sales and purchase agreement:

CMS von Erlach Henrici (Stefan Brunnschweiler, Dr Kaspar Landolt and Martin Wyser)

On merger control matters:

Switzerland: CMS von Erlach Henrici (Patrick Sommer, Seraina Denoth and Christian Lenz)
Brazil: TozziniFreire Advogados (Marcelo Calliari)
Canada: McMillan LLP (Mark Opashinov)
Germany: CMS Hasche Sigle (Stefan Lehr)
Indonesia: Lubis, Santosa & Maulana Law Offices (Julius I.D. Singhara)
Marocco: CMS Bureau Francis Lefebvre (Marc Veuillot)
Oman: SNR Denton & Co, Oman Branch (Paul Sheridan)
Pakistan: Mohsin Tayebaly & Co. (Irfan M. Tayebaly)
Russia: CMS Russia (Maxim Boulba)
Saudi Arabia: MBL LAWFIRM (Nader El Husseini and Mohamed Ben Laden)
South Korea: Bae, Kim & Lee LLC (Sang Hoon Shin and Ri Bong Han)
Ukraine: CMS Cameron McKenna (Olexander Martinenko)
US: Greenberg Traurig, LLP (Mary K. Marks)

Cross-border CMS team advises Dover Corporation on acquisition of Swiss Maag Group
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Related people

Portrait of Stefan Brunnschweiler
Stefan Brunnschweiler, LL.M.
Managing Partner