Baker McKenzie has advised VINCI Energies on the acquisition of the Zimmer & Hälbig Group, one of Germany's leading providers of technically demanding solutions of heating, ventilation, air conditioning, and refrigeration (HVAC-R). The acquisition will enable VINCI Energies to strengthen and complement its business units in Germany, thereby increasing its range of multi-technical solutions for buildings and expanding their offers to its customers. The transaction is still subject to approval by the relevant competition authorities.
"With this successful acquisition, we were able to support our client in gaining further expertise and capacity, particularly in the area of high-tech building solutions," commented Dr. Peter Wand, lead partner for this transaction.
The Zimmer & Hälbig Group, headquartered in Bielefeld, has been established on the market for over 50 years. It offers a project-based service portfolio consisting of the planning, delivery, installation and maintenance of heating, ventilation, air conditioning and refrigeration systems, with a strong focus on hospitals, laboratories, industrial facilities, clean rooms and data centers. Under the Airtech brand, the Zimmer & Hälbig Group also offers cleaning and maintenance services for ventilation and air conditioning systems. The acquired Zimmer & Hälbig Group has 7 locations throughout Germany. In 2024, it generated sales of EUR 96 million with 310 employees.
VINCI Group is a global concessions, energy, and construction group with more than 282,000 people in more than 120 countries having generated revenues of EUR 72 billion in 2024. In Germany, VINCI Energies operates in its four business lines – Infrastructure, Industry, Building Solutions and ICT– and employs 16,600 people in 385 sites. In 2024, the VINCI Group generated a total revenue of almost EUR 5.6 billion in Germany - its second-largest international market - including EUR 4.1 billion in energy solutions and EUR 1.4 billion for VINCI Construction. VINCI Concessions is also present in Germany through five public-private partnerships for the management of highway infrastructure, as well as in electric vehicle charging infrastructure.
Baker McKenzie's Corporate/M&A practice regularly advises on national and international transactions. Most recently, Baker McKenzie advised VINCI Energies on acquisition of R + S Group, Bristol Myers Squibb on the transfer of Juno Therapeutics GmbH to TQ Therapeutics GmbH, MAT Holdings on the sale of its subsidiaries to AEQUITA, Evonik Industries AG on its virtual general meeting, Sunoco on its acquisition of the TanQuid Group, Georg Fischer on its acquisition of the VAG Group, AURELIUS on its acquisition of Teijin Automotive Technologies, Centric Software on its acquisition of the Contentserv Group, Fagron Group on its acquisition of Euro OTC & Audor Pharma GmbH, Berlin Packaging, a portfolio company of Oak Hill Capital Partners and Canada Pension Plan Investment Board, on the acquisition of RIXIUS AG, Instalco on its investment in FABRI AG, AURELIUS on the acquisition of the Savoury Division of What's Cooking, and UBE Corporation in its acquisition of the Urethane Systems business of LANXESS.
Legal advisor to VINCI Energies:
Baker McKenzie
Lead:
Corporate/M&A: Dr. Peter Wand (Partner, Frankfurt)
Team:
Corporate/M&A: Dr. Florian Kästle (Partner, Frankfurt), Denise Tayler (Senior Associate, Frankfurt), Rouven Reuter (Associate, Frankfurt)
Real Estate: Dr. Daniel Bork (Partner, Düsseldorf), Dr. Maximilian Voll (Senior Associate, Berlin), Moritz Jander (Associate, Düsseldorf)
Banking & Finance: Kathrin Marchant (Partner, Frankfurt), Philipp Thimm (Associate, Frankfurt), Esther Kapern (Associate, Frankfurt)
Public Law: Dr. Katharina Weiner (Partner, Düsseldorf), Stefanie Zenzen (Associate, Düsseldorf)
Commercial & Trade: Joachim Fröhlich (Counsel, Munich), Hannah Mack (Associate, Munich)
Employment: Katja Häferer (Partner, Frankfurt), Dr. Sebastian Pfrang (Senior Associate, Frankfurt), Jan Kammler (Associate, Frankfurt), Laura Kramaric (Associate, Frankfurt)
IP/IT: Patrick Wilkening (Partner, Düsseldorf), Anela Winzig (Associate, Frankfurt), Yannick Filoda (Associate, Berlin)
Antitrust & Competition: Jan Kresken (Partner, Düsseldorf), Dr. Florian Kotman (Counsel, Düsseldorf), Dr. Lukas Greiner (Associate, Düsseldorf)
Tax: Christoph Becker (Partner, Frankfurt), Thomas Gierath (Partner, Munich), Ariane Schaaf (Counsel, Frankfurt), Tim Edelhoff (Associate, Munich)