15.01.2016

Luther advises British PE Investor SISU Capital on sale of Bavarian air conditioning manufacturer

Luther's Stuttgart team supports another international M & A transaction in the SME sector. At the end of 2015, British private equity company SISU Capital Ltd. sold its shares in Airinotec GmbH, based in Bayreuth, Germany. A subsidiary of holding company Abacus Alpha GmbH has acquired the air conditioning manufacturer. Luther Rechtsanwaltsgesellschaft mbH advised SISU throughout the transaction.

Background

Luther's Stuttgart team supports another international M & A transaction in the SME sector

At the end of 2015, British private equity company SISU Capital Ltd. sold its shares in Airinotec GmbH, based in Bayreuth, Germany. A subsidiary of holding company Abacus Alpha GmbH has acquired the air conditioning manufacturer. Luther Rechtsanwaltsgesellschaft mbH advised SISU throughout the transaction.

Airinotec is an international supplier of industrial air conditioning and process air technology. The company's products include cooling tunnels and pallet cooling systems used in the food, paper and tobacco industries. Following the takeover by Abacus Alpha, Airinotec will continue to be managed by its current Managing Directors, Ralf Niebe und Stefan Hummrich.

About SISU Capital Ltd.

Founded in 1997, SISU Capital Limited is a London-based, private equity company. The privately-owned company invests in equity, bond and alternative investment markets in Europe, with an emphasis on the UK.

About Abacus Alpha GmbH

Abacus Alpha is a holding company with a background as a long-standing, market-listed company. The company primarily invests in the energy, water, wastewater and materials sectors. In addition to services and trading, technology-oriented businesses such as CleanTech and Industrie 4.0 are of particular interest.

http://ab-alpha.de/

On behalf of SISU Capital Ltd.

Luther, Mergers & Acquisitions: Dr Ulrich Philippi (Lead Partner), Matthias Fickert, Kathrin Rettner (all Stuttgart)

Luther, Employment Law: Dietmar Heise (Partner, Stuttgart)

Luther, Tax Law: Tilo Künstler (Frankfurt am Main)

Luther, IP and copyright law: Carsten A. Senze (Partner, Stuttgart)

On behalf of Abacus Alpha GmbH

Dentons Europe LLP, Frankfurt am Main: Sven-Oliver Friedrich, LL.M. (Lead), Dr Anja Tschierschke (both Mergers & Acquisitions)

 

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Author
Dietmar Heise

Dietmar Heise
Partner
Stuttgart
dietmar.heise@luther-lawfirm.com
+49 711 9338 12894

Dr Ulrich Philippi

Dr Ulrich Philippi
Partner
Stuttgart
ulrich.philippi@luther-lawfirm.com
+49 711 9338 19181

Carsten Andreas Senze

Carsten Andreas Senze
Partner
Stuttgart
carsten.a.senze@luther-lawfirm.com
+49 711 9338 25222