New York/ Tel Aviv – June 9, 2022 – Attorneys from global law firm Greenberg Traurig, LLP, advised New York-based industrial machinery manufacturing company ITT Inc., in connection with its acquisition of Habonim Valves and Actuators Ltd., an Israeli valve manufacturer.
The deal was led by the firm’s Corporate Shareholder Jared A. Hershberg and an Israel-based team made of Greenberg Traurig Tel Aviv Managing Shareholder Joey T. Shabot, Corporate Of-Counsel Ephraim Schmeidler, and Corporate Senior Associate Aaron R. Katz.
ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the energy, transportation and industrial markets. Habonim manufactures ball valves, ball valve accessories, ball valve automation packages and actuators, and is based in Kfar Hanassi, Israel and also has operations in the United States and the Netherlands.
Additional Greenberg Traurig deal team members included, IP and Tech & Corporate Senior Associate Devora Snyder-Shefer, Corporate Associate Igal Rojzman, Patent Agent Dr. Mark Ruberto, Tax Shareholder Noam Lipshitz, Corporate Of-Counsel Zachary A. Luber, Corporate Shareholder Jeffrey A. D. Cohen, International Trade Shareholder Cyril T. Brennan, Antitrust Litigation & Competition Regulation Shareholder Stephen M. Pepper, Corporate Associate Maquina Lamé, Antitrust Litigation & Competition Regulation Shareholder Gillian Sproul, Corporate Shareholder August Huelle, Tax Shareholder Joseph J. Curran, Corporate Associate Grace Lee, and Corporate Associate Hector D. Sanchez Fernandez.
About Greenberg Traurig’s Corporate Practice: Greenberg Traurig’s Corporate Practice comprises more than 500 lawyers in the United States, Europe, Asia, the Middle East and Latin America who regularly advise public and privately held companies, entrepreneurs and investment funds on global mergers and acquisitions, corporate restructurings, private equity and venture capital, underwritten and syndicated offerings, commercial finance and syndicated lending, cross-border transactions, and general corporate matters. The group’s industry experience includes transactions in a wide range of fields, from the pharmaceutical, medical devices, and life sciences fields, to representations involving clients in the aviation, banking, consumer products, energy, food and beverage, health care, manufacturing, media, technology, and telecommunications sectors.
About Greenberg Traurig’s Tel Aviv Office and Israel Practice: Greenberg Traurig’s Tel Aviv office is the only major international law firm with a multidisciplinary, registered office in Tel Aviv and serves as a gateway for Israeli businesses and entrepreneurs seeking opportunities around the world, as well as for clients exploring opportunities within Israel. The office provides Israeli and foreign clients access to legal services in the U.S., London, Amsterdam, Germany, Poland, China, Japan, Latin America, and other international jurisdictions and also represents non-Israeli companies seeking opportunities within Israel. The firm’s Israel Practice continuously provides clients a global network of professionals with the legal experience, business alliances, technical knowledge, political experience, language capabilities, and cultural understanding needed in Israel, to deliver strategic advice to our clients. The Greenberg Traurig Tel Aviv office and Israel Practice attorneys offer a unique multi-disciplinary, integrated team of professionals to assist clients with a range of corporate and commercial law issues in numerous industries.
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2400 attorneys in 43 locations in the United States, Europe, Latin America, Asia, and the Middle East. The firm, often recognized for its focus on philanthropic giving, innovation, diversity, and pro bono, reported gross revenue of over $2 Billion for FY 2021. The firm is consistently among the top firms on the Am Law 100, Am Law Global 100, NLJ 250, and Law360 (US) 400. On the debut 2022 Law360 Pulse Leaderboard, it is a Top 15 firm. Greenberg Traurig is Mansfield Rule 4.0 Certified Plus by The Diversity Lab and net carbon neutral with respect to its office energy usage. Web: www.gtlaw.com