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Gorrissen Federspiel has advised Babcock & Wilcox Enterprises, Inc., a leading provider of energy and environmental products and services to the power and industrial markets worldwide, on the sale of its Danish subsidiary, Babcock & Wilcox Renewable Service A/S, to Switzerland-based Hitachi Zosen Inova AG.
Babcock & Wilcox Renewable Service A/S is a multi-brand aftermarket service partner for renewable biomass and waste-to-energy combined heat and power plants.
Gorrissen Federspiel’s transaction team was led by partner Louise Celia Korpela, managing counsel Andreas Hertel and assistant attorney Jakob Stagsted Galatius.