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SSW and DLA Piper Advise on Kospel's Sale to Viessmann Group

SSW and DLA Piper Advise on Kospel's Sale to Viessmann Group

Poland
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SSW Pragmatic Solutions has advised the owner of Kospel S.A. on the sale of a 100% stake in the company to the Viessmann Group. DLA Piper advised the Viessmann Group on the deal.

Kospel, which was established in 1990, manufactures electric heaters, instantaneous water heaters, and hot water storage tanks. The company employs more than 500 people at four locations across Poland.

The Viessmann Group manufactures heating, industrial, and refrigeration systems. The company will support and finance a further dynamic development of Kospel S.A. According to SSW, ''the acquisition will allow Viessman to expand its operations in the CEE region."

SSW’s team consisted of Partner Sebastian Ponikowski and Associate Marta Szymczyk.

DLA Piper's Warsaw team included Partner Marta Frackowiak and Senior Associate Mateusz Zalenski.

DLA Piper at a Glance

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

Firm's website.