Metso Purchases the Shredding Business from BP Recycling Systems
Metso Denmark A/S has purchased the shredding business from BP Recycling Systems GmbH and its owner. Under the terms of the asset purchase agreement, Metso purchased intellectual property and inventory specific to the shredding business as well as an option to buy further assets relating to sellers' briquetting and pelletizing business.
Bär & Karrer acted as legal advisor to Metso for the transaction. The team included Christoph Neeracher (M&A), Markus Wang (IP), Daniel Bader (Tax), Luca Jagmetti and Philippe Seiler (both M&A).