We advised Siemens on the transaction

Davis Polk advised Siemens Corporation on its acquisition of Trayer Engineering Corporation. The transaction was subject to regulatory approval and closed in calendar year 2024. Financial terms of the transaction were not disclosed.

Siemens, a wholly owned subsidiary of Siemens AG, is a privately held technology company focused on industry, infrastructure, transport and healthcare. From more resource-efficient factories, resilient supply chains and smarter buildings and grids, to sustainable transportation as well as advanced healthcare, Siemens creates technology with purpose adding real value for customers.

Trayer Engineering is a pioneer and global leader in the design and manufacture of maintenance-free vacuum switchgear for high quality electrical distribution systems.

The Davis Polk corporate team includes partner Paul S. Scrivano, and associates Michelle Zhang, Christian Mueller, and Dove Barbanel. Associate Lucy McKinstry Taylor provided trusts and estates advice. Partner Corey M. Goodman provided tax advice. Counsel David A. Zilberberg provided environmental advice. Partner Kyoko Takahashi Lin provided executive compensation advice. Partners Frank J. Azzopardi provided intellectual property advice. Partner Ronan P. Harty, provided antitrust and competition advice. Members of the Davis Polk team are based in the Northern California and New York offices.

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