Baker McKenzie advised previous sole shareholder evotreex AG on selling its indirectly held equity interests in Zimmer & Hälbig GmbH ("Z&H"), Germany, to VR Equitypartner as well as on evotreex AG's partial reinvestment into buyer. As a result of the transaction, VR Equitypartner has acquired a significant minority stake in Z&H, a provider of planning, installation and maintenance of refrigeration, air condition and ventilation technology. In addition to VR Equitypartner, the three managing directors Michael Böhm, Achim Henseler and Heiko Panhorst as well as the industry expert Dr. Carsten Voigtländer are investing alongside VR Equitypartner.
The aim of the new partnership is to increase organic growth, driven in particular by energy-related refurbishments, as well as to grow inorganically with the help of a targeted buy and build strategy.
Founded in Bielefeld in 1974, Z&H is a leading provider in the area of planning, installation and maintenance of refrigeration, air conditioning and ventilation technology in the DACH region. With around 250 employees at its sites in Bielefeld, Leipzig, Cologne and Osnabrück, Z&H most recently generated sales of over EUR 65 million.
Baker McKenzie advised the seller in all legal aspects of the transaction.
The Baker McKenzie Switzerland team was led by Alexander Fischer (partner, M&A, Switzerland) together with Vinzenz Sutter (associate, M&A, Switzerland) and Jon Marcus Meese (partner, M&A, Germany) and was made up of the following colleagues:
• Eva-Maria Strobel (partner, Intellectual Property & Technology Law, Switzerland), Matthias Trautmann (counsel, M&A, Switzerland), Mario Kumschick (partner, Tax, Switzerland), Ramon Tissafi (associate, Real Estate & Property Development Law, Switzerland), Susanne Liebel-Kotz (associate, Tax, Switzerland), Fabienne Bretscher (associate, Intellectual Property & Technology Law, Switzerland),
• Tino Marz (counsel, Corporate & Commercial, Germany), Eva Kriechbaumer (associate, M&A, Germany), Thomas Gierath (partner, Tax, Germany), Matthias Toeke (counsel, Banking & Finance, Germany), Andreas Schulz (counsel, Public Law, Germany), Matthias Koehler (partner, Labor, Employment & Employee Benefits, Germany), Harasch Yakubi (associate, Employment & Compensation, Germany), Simone Rieken (associate, Information Technology & Communications, Germany), Nadine Uhrner (associate, Corporate & Commercial, Germany), Viktoria Ritter (associate, Tax, Germany); Anna-Lena Busser (associate, Information Technology & Communications, Germany).