CMS advises shareholder of Baum lined piping on sale to listed US corporation Crane Company

Stuttgart – One of Europe’s leading manufacturers of highly corrosion-resistant pipeline systems, Baum lined piping GmbH, has been sold to NYSE-listed Crane Company as part of a succession plan. Baum lined piping GmbH will strengthen Crane Company’s own lined piping business within its Process Flow Technologies segment.

An international CMS team headed by Dr Claus-Peter Fabian advised the sole shareholder and managing partner of Baum lined piping GmbH, Markus Baum, on all legal aspects of this transaction.

Baum lined piping GmbH is based in Birkenfeld near Pforzheim and has subsidiaries in the US, Romania and China. It has been operating in the lined pipeline sector for more than 30 years, supplying the chemical, pharmaceutical and semiconductor industries. The company also manufactures piping used in the construction of facilities for producing green hydrogen.

Crane Company (NYSE: CR) is a diversified US industrial group with international operations in Process Flow Technologies, Aerospace & Electronics and Engineered Materials.

CMS Germany

Dr Claus-Peter Fabian, Lead Partner
Julia Fünfgeld, Senior Associate
Katharina Ivic, Senior Associate, all Corporate/M&A
Dr Volker Zerr, Partner
Sandra Scheib, Counsel, both Real Estate & Public
Dr Martin Mohr, Partner, Tax
Dr Michael Kraus, Partner, TMC
Dr Oliver Simon, Partner
Dr Michael Rein, Principal Counsel, both Labor, Employment & Pensions

CMS China

Dr Ulrike Glück, Partner
Kevin Wang, Principal Counsel, both Corporate/M&A 
Yedi Zhu, Associate, Antitrust, Competition & Trade
Xiao Xiao, Associate, Commercial 
Gilbert Shen, Counsel, Tax

CMS Romania

Catalin Vasile, Associate, Corporate/M&A

Press Contact
presse@cms-hs.com