Gerald Edelman advises UDOR on Hughes Pumps acquisition

Gerald Edelman Corporate Finance team has advised UDOR S.p.A. on the acquisition of Hughes Pumps Limited.

Founded in 1966, UDOR is a 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.

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.

Matthew Ball, director in Gerald Edelman’s Corporate Finance team, 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.”

Marco Zanasi, president and CEO of UDOR, added: “The Gerald Edelman team was 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.”