DELSOL Avocats advises APi Group Corporation with the acquisition of Chubb Fire & Security from Carrier Global Corporation for $3.1 Billion.

APi is a market-leading business services provider of safety and industrial services in over 200 locations worldwide.

Chubb is a fire safety and security provider relying on 13,000 employees globally and a sales and service network spanning 17 countries.

Such acquisition and the synergy opportunities arising therefrom will enable APi to expands its reach to new markets.

DELSOL Avocats advised APi on French law aspects, the target’s most significative activity being located in France. The scope of the firm’s assistance included the negotiation of purchase agreements, and the assistance on specific issues such as the consultation process with employee representative bodies or the process for foreign investments approval in France. The team included :

  • Pierre GOUGÉ, partner, Anaïs FAURY and Edouard PIQUE, associates, on corporate law aspects ;
  • Philippe PACOTTE and Elsa LEDERLIN, partners, Stéphanie DAGUERRE and Arthur HITIER, associates, on employment law issues ;
  • Adrien WILLIOT, partner, and Solène DEFRANCE, associate, on real estate matters ;
  • Thomas AMICO, partner, and Pierre-Henri BAERT, avocat, on compliance aspects ;
  • Stéphane PERRIN, partner, and Emilie SULLO, associate, on intellectual property issues ;
  • Gilles VERMONT, counsel, in litigation ;
  • Jeanne BOSSI MALAFOSSE, partner, on data privacy matters.

DELSOL Avocats assisted APi Group in collaboration with the the firm Greenberg Traurig, LLP.