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Deal Date: 24-02-2014 Practice Area: Corporate and M&A
Deal Title: Rockwell Automation Purchase of vMonitor Industry: Oil Equipment, Services & Distribution
Trowers & Hamlins' Abu Dhabi office has advised long-standing client Control and Applications Group (CAG) on the sale of vMonitor, one of their subsidiaries and a global technology leader for wireless solutions in the oil and gas industry, to Rockwell Automation, Inc., a NYSE-listed company specialising in industrial automation and information. Abu Dhabi-based vMonitor has operations throughout the Middle East and in the USA, Africa and India. It offers solutions which monitor and control wellhead and upstream applications, effectively creating the 'digital oilfield'. Guy Danalis, resident managing partner of Trowers & Hamlins' Abu Dhabi office, led the sale with support from solicitor Jonathan Astbury and TMT partner Saleem Adam.
Financial Center: Abu Dhabi Value: 0.00-0.00
Advised Party: Vendor Law Firm
Target Company Jurisdiction: UAE Acquiror Jurisdiction: United States
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Guy Danalis