Schoenherr, working with Noerr, has advised Nord Holding on the acquisition of a majority stake in the Heizkurier Group from Odewald KMU. Heuking and Ebner Stolz reportedly advised the sellers on the deal.
Nord Holding is a German private equity company with over 50 years of experience and EUR 2.5 billion in assets under management.
Heizkurier is an equipment-as-a-service provider for mobile heating and cooling solutions based in Wachtberg, Germany.
According to Schoenherr, “Heizkurier's existing management and founders will continue to hold shares in the company. Together with the existing management, Heizkurier intends to further expand its leading market position and continue the dynamic growth of recent years. In addition, the considerable ESG potential of the company – in particular through its contribution to climate neutrality in the building sector – is to be further focused in line with the ESG goals of NORD Holding.”
Schoenherr’s team included Partner Michael Magerl, Attorney at Law Victoria Zeppitz, and Associate Stefan Holzinger.
Noerr’s team included lawyers in Berlin, Munich, Duesseldorf, and Frankfurt.
