The Gerald Edelman corporate finance team has announced that it has advised UDOR S.p.A. on the acquisition of Hughes Pumps Limited.
About UDOR S.p.A
Founded in 1966, UDOR is a leading manufacturer and distributor of high-quality diaphragm and plunger pumps. Headquartered in Rubiera, Italy, the company exports approximately 95% of its products to over 80 countries worldwide, maintaining a strong presence in key markets through its distribution centres in the USA, China, Argentina, and Brazil.
About Hughes Pumps Limited
Hughes Pumps manufactures high and ultra-high pressure pumps and water jetting equipment. The company operates from a purpose built manufacturing facility in West Sussex, United Kingdom.
Gerald Edelman acted as buy-side financial adviser, performing detailed financial and tax due diligence, advising on key legal agreements, and providing general advice in relation to the transaction.
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By GlobalDataCommenting on this, Gerald Edelman corporate finance team director, Matthew Ball, said: “It was a pleasure working with Marco on this acquisition. Everyone involved in the process worked diligently to ensure the transaction was a success. We wish Marco and his team all the best during UDOR’s next phase of growth.”
UDOR president and CEO, Marco Zanasi, added: “The Gerald Edelman team were a great help. This was our first acquisition and the fact that it was in the UK was an added complexity. I was very pleased with the way Matt and his colleagues responded to all our needs and made things easier for us during the process.”
