Watson Farley & Williams acts for IPH on Julsa acquisition
Watson Farley & Williams (WFW) advised industrial supplies distributor IPH Group on the acquisition of Madrid-based industrial product provider Julsa.
Julsa manufacturers power transmission, hydraulic and pneumatic sealing products.
IPH Group’s brands include Zitec and Kistenpfennig in Germany, Orexad in France, Minetti in Italy and Biesheuvel Techniek in the Netherlands.
The WFW team was led by Madrid corporate partner Gonzalo Aranzabal, and included senior associate Javier Ester.
Aranzabal said the acquisition demonstrated IPH’s commitment to “expansion in Spain”.