On February 1, 2024, international electrification and automation technology leader, ABB, announced that it had completed its acquisition of Canadian company Real Tech, a leading supplier of innovative optical sensor technology that enables real-time water monitoring and testing.
Through the acquisition of Real Tech, ABB is expanding its strong presence in the water segment and particularly in the fast-growing municipal and industrial wastewater treatment segments, where there is strong global push for sustainable water management.
Fasken advised ABB in connection with this transaction with a team led by W. Ian Palm and Sylvie Bourdeau, and including Chris Dittrich, Alec McIlwraith-Black, Hashim Ghazi, Veronique Poulin (Emerging Technology); Jean-Philippe Mikus, Mohit Arora (Intellectual Property); Antonio Di Domenico, Robin Spillette (Competition, Marketing and Foreign Investment); Kevin Yip (Tax Law); Boris Subara (Labour, Employment and Human Rights); and Stephen Wightman (Paralegal/Law Clerk).
Jurisdiction
- Ontario
