Universal Instruments, a global leader in precision automation solutions for smart manufacturing that provides precision automation solutions to world-leading customers in a broad range of fields, including automotive, computing, medical, industrial, as well as printed circuit board surface mount placement and odd-form insertion, completed its sale to Delta Electronics, Inc., a global leading provider of smart energy-saving solutions. The transaction valued the Universal Instruments enterprise at US$88.9 million.
Latham & Watkins LLP represented Universal Instruments in the transaction with a deal team led by New York partner James Gorton and New York counsel Edmond Parhami, with New York associates Daniel Williams and Trevor Kim. Advice was also provided on tax matters by New York partner Eric Kamerman; on benefits and compensation matters by Chicago partner Robin Struve; on intellectual property matters by Washington, D.C. partner Jeremiah Wolsk; on data privacy matters by Bay Area partner Robert Blamires, with San Diego associate Kathryn Parsons-Reponte; on environmental matters by New York counsel David Langer; on regulatory matters by Washington, D.C. partner Les Carnegie, with Washington, D.C. associates Allison Hugi and Sara Castiglia; on antitrust matters by Washington D.C. partner Jason Cruise and Washington D.C. counsel Patrick English; and on litigation matters by New York partner Robert Hotz, with New York associate Nicholas Hazen.
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