Capiton Divests Gritec to Viessmann Generations Group
Deal News | Dec 20, 2024 | CEE Legal Matters
Havel & Partners, collaborating with Milbank, represented Capiton in the divestment of Gritec to Viessmann Generations Group. Rowan Legal, along with law firms Schalast and Roedl & Partner, offered counsel to Viessmann Generations Group. Capiton, a German private equity fund, has sold Gritec, a company operating primarily in the Czech Republic and specializing in turnkey technical buildings and stations for energy, water, and industrial infrastructure. The transaction involved key legal teams from Havel & Partners and Rowan Legal who played pivotal roles. The collaboration featured several notable legal professionals including Marek Losan from Havel & Partners and Martin Subrt from Rowan Legal.
Sectors
- Private Equity
- Energy Infrastructure
- Legal Services
- Industrial Infrastructure
Geography
- Germany – Capiton is a German private equity fund, indicating Germany's involvement.
- Czech Republic – Gritec operates primarily in the Czech market, highlighting the geographic focus of its operations.
Industry
- Private Equity – Capiton operates as a private equity firm, involving itself in investments and divestments.
- Energy Infrastructure – Gritec specializes in developing solutions for energy infrastructure, making this industry relevant.
- Legal Services – Various law firms were involved in advising on the transaction, indicating a strong link to legal services.
- Industrial Infrastructure – Gritec's operations include the development of industrial infrastructure.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Capiton | Selling Company | Company | A German private equity fund orchestrating the sale of Gritec. |
| Gritec | Target Company | Company | Czech company specializing in technical buildings and infrastructure solutions. |
| Viessmann Generations Group | Bidding Company | Company | The acquirer of Gritec, expanding its infrastructure portfolio. |
| Havel & Partners | Legal Advisor | Company | Provided legal counsel to Capiton during the transaction. |
| Rowan Legal | Legal Advisor | Company | Advised Viessmann Generations Group on the acquisition. |
| Milbank | Legal Advisor | Company | Collaborated with Havel & Partners in advising Capiton. |
| Schalast | Legal Advisor | Company | Reportedly advised the Viessmann Generations Group in Frankfurt. |
| Roedl & Partner | Legal Advisor | Company | Advised the Viessmann Generations Group from the Nuernberg office. |
| Marek Losan | Partner, Havel & Partners | Person | Played a leading role in advising Capiton. |
| Natalija Traurigova | Counsel, Havel & Partners | Person | Provided legal expertise in the transaction. |
| Vladimir Ivanov | Managing Associate, Havel & Partners | Person | Involved in providing counsel to Capiton. |
| Martin Subrt | Partner, Rowan Legal | Person | Advised Viessmann Generations Group on the legal aspects of the deal. |
| Sara Bartlova | Junior Lawyer, Rowan Legal | Person | Assisted in the legal advising for Viessmann Generations Group. |