Mergers & Acquisitions / Employment Law / Real Estate Law / Tax Law24.03.2023 News
Oppenhoff advises EAM Group on the acquisition of Landgraf Energietechnik
Oppenhoff advised the Kassel-based EAM Group on the acquisition of Landgraf Energietechnik GmbH. As a future subsidiary of the EAM Group, Landgraf Energietechnik, which was previously family-owned, will contribute its comprehensive expertise in the areas of sanitary, heating and air conditioning. The transaction is in line with the challenges to be met in the context of the energy transition.
The medium-sized company Landgraf Energietechnik is a specialised service provider for sanitary, heating and air conditioning technology. The company is based in Schlitz (Hesse) and offers a comprehensive service for customers in the private and public commercial, residential and industrial construction sectors. Landgraf Energietechnik has distinctive expertise in the installation of regenerative heating systems such as wood boilers or heat pumps.
The municipal energy supplier EAM, which has been in existence since 1929, supplies energy to around 1.4 million people in the regions of Hesse, Lower Saxony and parts of North Rhine-Westphalia, Rhineland-Palatinate and Thuringia. The company is a partner for the energy transition in the region and consistently pursues a sustainable course. In 2021, EAM generated sales of around one billion euros.
The Oppenhoff team led by Dr. Markus Rasner (M&A) included Marcel Markovic (M&A), Anja Dombrowsky, Cornelia-Cristina Scupra (both Employment), Marvin Rochner (Real Estate) and Dr. Gunnar Knorr (Tax).
Oppenhoff regularly advises companies in the energy sector, most recently for example EnBW and RheinEnergie on the sale of their MVV shares to First State Investments.