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Deals 10 Jun 2024 · Netherlands

CMS advises ABB B.V. on the acquisition of the weather routing business of DTN Europe and DTN Philippines Inc.

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CMS has advised ABB on its acquisition of all the shares in DTN Europe B.V. (DTN Europe) and on its acquisition of DTN’s Philippines shipping business.

On the basis of this acquisition, ABB is able to expand its offering to vessel weather routing, analytics, reporting and shore-based support. This will establish ABB as one of the market leaders in ship route optimisation.

The CMS team was led by Roman Tarlavski and comprised Dena Mokhberolsafa, Marcellina Rietvelt, Florine Goemans, Iris Zeilstra and Anne-Fleur Krijthe (Corporate M&A), Herman Boersen and Jarrik Haust (Tax), Edmon Oude Elferink, Annemieke Hazelhoff and Nina van Stekelenburg (Antitrust, Competion & Trade). CMS has worked closely with SyCip Salazar Hernandez & Gatmaitan of Manilla who advised on Philippines law matters.

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