Sale of Integrated Process Technologies, Inc. to Lewa-Nikkiso America Inc.
Integrated Process Technologies, a Massachusetts based company specializing in the engineering, design, and manufacture of high purity process systems, and its related entities were acquired by LEWA-NIKKISO AMERICA, INC., a US subsidiary of a Japanese public company, based in California. This transaction involved complex issues including patents, proprietary technology with third party rights, environmental and real estate issues, in addition to the typical due diligence matters involved with an acquisition. Verrill's Business & Corporate Group handled the negotiation of the purchase documents, and the firm's Intellectual Property Group advised on all of the patent issues. Verrill's Environmental, Real Estate, Labor & Employment, and Employee Benefits & Executive Compensation Groups also advised.