Abengoa, S.A. Acquires Metso Corporation’s Network Management Solutions Divisions

Abengoa, S.A. through its information technology subsidiary Telvent Sistemas y Redes, S.A. acquired the network management solutions division of Metso Corporation on January 31, 2003. The subsidiaries acquired from Metso Corporation, report annual sales of US$60 million and employ over 400 people at their facilities in Calgary, Houston and Baltimore.

Abengoa was represented by its in-house counsel Ana Isabel Morales. Abengoa was represented in Canada by Edwards, Kenny & Bray with a team comprised of Bill Hartley, Lindy Hill, Geoff Sherrott and John Munnis, with Doug Powrie of Thorsteinssons providing tax advice and Ted Sum of Smart & Biggar providing intellectual property advice. Abengoa was represented in Spain and in the U.S. by Squire, Sanders & Dempsey LLP with a team comprised of Laura Nemeth, Juan Picon, Sean Peppard and Nathaniel Adams.

Metso was represented by its in-house counsel Paula Koppatz and Cameron Demcoe. Metso was represted in Canada by Bennett Jones LLP with a team comprised of Garnet Schulhauser, Will Osler, Brendan Clark, john Gilmore, Martin Kratz, Beth Riley, and Michael Ryer. Metso was represented in the U.S. by Thelen Reid & Priest LLP with a team comprised of Carl Valenstein, Jerome Akman, Deborah DeMasi, Simone McBean and Diane Bui.