Freshfields has advised SMS group on its acquisition of the agglomeration and calcination technologies business from Metso.
SMS Group is a technology and services provider in metals plant engineering.
Metso is a listed Finnish technology company. According to Freshfields, the carve-out transaction covers solutions such as sintering, pelletizing, and fluidized bed technologies, formerly part of the Metso brand.
The Freshfields team included Vienna-based Counsel Gernot Fritz as well as further lawyers in Munich, Duesseldorf, and Hamburg.
Freshfields could not provide additional information on the matter.