18.12.2015

Federal Signal – Divestment of Bronto Skylift

We are acting as the sole legal advisor to Federal Signal Corporation in the divestment of its Bronto Skylift business for EUR 80 million in cash, subject to post-closing adjustments. The transaction is subject to customary closing conditions and is expected to be completed during the first quarter of 2016.

Federal Signal was founded in 1901 and is a NYSE listed leader in environmental and safety solutions. Bronto Skylift is a leading manufacturer and supplier of sophisticated, vehicle-mounted, aerial platforms for firefighting, rescue and industrial applications. It manufactures its products in Finland and sells globally under the Bronto Skylift® brand.