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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

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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.

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2019, Chambers Europe 2019, and The Legal 500 EMEA 2019.

Firm's website: https://penteris.com

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