Successful Deals with PwC: ABB acquires Eve Systems

PwC successfully supported ABB in the acquisition of Eve Systems. Eve is a pioneer in the new Matter connectivity standard with operations in Europe and the United States.

The transaction establishes ABB as a leader in this revolutionary technology, accelerating ABB's delivery of safe, smart and energy-efficient retrofit technologies for homes and buildings in the growing smart home industry.

The ABB inhouse tax team was led by Cansu Ilhan and the ABB inhouse M&A finance & accounting team by Thomas Wehrle.

PwC acted as financial due diligence and tax due diligence advisor to ABB in connection with the transaction.

The PwC team

Financial due diligence

Nico Psarras, Partner
Stuart Woodcock, Director
Detlef Peter, Senior Manager
Monika Bukowska, Senior Associate
Hannes Sandstroem, Senior Associate
Chloé Roche, Associate
Joshua Steiner, Associate

Tax due diligence

Jürg Niederbacher, Partner
Gabriel Neukomm, Director
Philipp Nicolas Stocker, Associate
Tax teams in Germany and the US