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.

Our team was headed by Partner Jan Örndahl from our M&A service. The team included, among others, Senior Associates Thomas Landell and Benjamin Bade as well as Associate Lauri Kivikari (M&A), Counsel Eija Warma (Data Protection and Privacy), Associate Hannu Häkkänen (Employment) and Counsel Heidi Malmberg (Real Estate & Construction).