GvW Graf von Westphalen has advised the shareholders of KRIOTEC on the sale of their company to the KÖBERL Group.
KRIOTEC specialises in products and services in refrigeration and air conditioning technology. The company from the Rhine-Main region covers all requirements in the fields of refrigeration and air conditioning technology, commercial refrigeration and refrigeration cleaning services for its more than 4,000 cross-sector customers.
With the acquisition of KRIOTEC, the KÖBERL Group is strengthening its presence in the Frankfurt/Rhine-Main region and further expanding its portfolio in the field of refrigeration, cooling and air conditioning technology. The Munich-based group - a portfolio company of the listed investment company Gimv - is a full-service provider of building technology and facility management services for residential and commercial properties as well as industrial customers. In addition to technical building services for heating, air conditioning, ventilation and refrigeration, the company specialises in technical building management and integrated facility management.
GvW advised KRIOTEC through a Frankfurt team consisting of the lawyers Benjamin Schwarzfischer (M&A, lead), Eric Messenzehl (Corporate), Karsten Kujath (Labour Law), Dr. Michael Engel (Tax Law) and Johannes Schuhmann (Real Estate).
GvW Graf von Westphalen advised the transmission system operator 50Hertz on the award of a major contract for the North Sea Connector 2 offshore grid connection project. The project involves the planning, construction, installation and commissioning of a converter system comprising an offshore converter platform in the North Sea and an onshore converter station in Mecklenburg-Western Pomerania. The North Sea Connector 2 project is intended to connect offshore wind farms in the North Sea to the German electricity grid in future.
GvW Graf von Westphalen has advised Primepulse and Vsquared Ventures on the Series C financing round of NEURA Robotics GmbH. The transaction ranks among the largest venture financing rounds in the European startup ecosystem to date.
GvW Graf von Westphalen has advised Ethereal Space, Inc., a pioneering commercial space company, on space and satellite law matters and the establishment of its affiliate Ethereal Space GmbH.
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