Addleshaw Goddard (AG) advises IMI group on the acquisition of iSMA CONTROLLI

Addleshaw Goddard (AG) has advised IMI group, the FTSE 100 engineering group, on the Polish law aspects of its acquisition of iSMA CONTROLLI for an enterprise value of €63 million. 

iSMA CONTROLLI is a leading provider of intelligent building automation systems and, following completion, will become part of IMI’s Climate Control sector. Its differentiated, open and scalable building automation platform expands IMI’s range of smart, connected products, enabling more advanced monitoring, optimisation and control in commercial buildings.

The acquisition is expected to complete in the fourth quarter of 2026, subject to customary regulatory approvals.

The AG was led by Michał Wołangiewicz (managing associate) from the Warsaw corporate practice, supported by Justyna Tuleja (associate) from the Warsaw corporate practice and Łukasz Burakowski (counsel) from the Warsaw employment practice. The AG team also included Jakub Gerula (associate), Paulina Osiecka (associate) and Lena Murawska (junior associate) from the Warsaw corporate practice; Wojciech Podlasin (counsel) and Mateusz Skóra (associate) from the Warsaw competition practice; Szymon Sieniewicz (counsel, head of the TMT/IP practice) and Małgorzata Czubernat (associate) from the Warsaw TMT/IP practice; Dominik Piechowiak (managing associate) from the Warsaw infrastructure, projects & energy practice; and Bartosz Boenigk (managing associate) and Piotr Śnihur (junior associate) from the Warsaw real estate practice. Marcin Schulz (national managing partner, co-head of the corporate practice) and Monika Krzyszkowska (partner, head of the employment practice) supervised the transaction.