Baker McKenzie has advised Sulzer AG, a global leader in fluid engineering listed on the SIX Swiss Exchange in Zurich, on its SEK 1.2bn (CHF 128m) acquisition of Nordic Water, a leading provider of screening, sedimentation and filtration solutions for municipal and industrial water and wastewater applications.

Nordic Water, headquartered in Gothenburg, Sweden, employs 200 people at 13 sites in 6 countries. The transaction is expected to close in the first quarter of 2021 subject to customary approvals.

Baker McKenzie's core deal team consisted of Costin Mihailescu, Alex Ydstie and Nicolina Hultgren Farsani.

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