Boston, Chicago and London Lawyers Represent Sevcon in Acquisition of Bassi for $15 Million

Locke Lord lawyers in Boston, Chicago, and London, led by Matt Dallett, teamed up to represent Sevcon, Inc., a leading manufacturer of controllers for electric vehicles and proponent of the electrification of transportation, in its acquisition of Bassi S.r.l., an Italian manufacturer of battery chargers, for approximately $15 million in cash and Sevcon stock. Jim Rubens handled Sevcon’s bank debt financing for the acquisition. The Locke Lord team, which included James Channo, also helped establish intercorporate arrangements for the combined company.

Posted February 15, 2016

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