Latham & Watkins Advises SPIE on Acquisition of Otto LSE

Latham & Watkins has advised SPIE, the independent European leader in multi-technical services in the areas of energy and communications, on its agreement to acquire c.87% of Otto Life Science Engineering GmbH (Otto LSE), a specialized provider of engineering, procurement, and construction services for pharmaceutical and biotech production facilities and laboratories. SPIE expects to close the transaction in Q3 2024, subject to customary closing conditions among which German antitrust approval.

The Latham team was led by Dusseldorf corporate partner Ingo Strauss and counsel Lucas Schweitzer. Advice was also provided on corporate matters by Dusseldorf associates Alexander Belk, Nikolaus Becker, Katharina Intfeld and Jan Gocha, and Frankfurt associate Johannes Groß; on antitrust and competition matters by Frankfurt partner Max Hauser with associate Helena Hofmann; on tax matters by Hamburg partner Tobias Klass and Munich partner Stefan Süß, with Munich associate Manuela Minsel; on employment matters by Munich associates Kristina Hufnagel and Christian Strauß; on finance matters by Frankfurt associate Luca Brandi; on IP matters by Frankfurt partner Susan Kempe-Müller; on data privacy matters by Frankfurt associate Clemens Ganz; and on real estate matters by Frankfurt counsel Sven Nickel and Hamburg associate Marie Welp.