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Binder Groesswang Advises Japanese Daikin Group on Acquisition of AHT Group

Binder Groesswang Advises Japanese Daikin Group on Acquisition of AHT Group

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Binder Groesswang, Noerr, and Spain's Gomez-Acebo & Pombo have advised Japan's Daikin Group on the EUR 881 million acquisition of AHT Group from the Bridgepoint private equity group. The Frankfurt office of Freshfields Bruckhaus Deringer advised the sellers on the deal.

The signing took place on November 22, 2018 in Vienna.

Daikin Europe N.V. is the European subsidiary of Daikin Industries Ltd., a global manufacturer of air-conditioning technology that is listed on the Japanese stock exchange and headquartered in Osaka, Japan.

The AHT Group is an Austrian industrial company based in Rottenmann, Styria. The company focuses primarily on refrigerators and freezers for supermarkets, ice cream chests, and beverage cooling.

The Binder Groesswang team consisted of Partners Michael Kutschera, Bernd Schneiderbauer, Emanuel Welten, Angelika Pallwein-Prettner, Johannes Barbist, Markus Uitz, Ingeborg Edel, and Ivo Rungg, Counsel Helmut Buchroithner, Attorneys at Law Claudia Fochtmann, Maximilian Holtl, and Sabine Apfl-Trompeter, and Associates Lukas-Sebastian Swoboda, Alexander Scharkosi, Clara Kreuzbauer, Patrick Mayrhuber, Anian Gruber, Valerio Hofmann, Michael Delitz, Artan Duraku, and Thomas Knirsch.

Noerr's Munich-based team consisted of Partner Gerald Reger, Senior Associate Anna Loibl, and Associates Ricarda-Charlotte Lorenz, Diana Richter, and Maximilian Kummer.

Gomez-Acebo & Pombo’s included Spanish lawyers Carolina Serrano and Samara Schaar.

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