Expo Inox Expands with Acquisition of Steegmüller Kaminoflex
Deal News | Jul 02, 2025 | Legal Community Italy
Expo Inox S.p.A., a leading manufacturer of metal, polypropylene, and carbon steel chimney systems, has acquired the entire share capital of Steegmüller Kaminoflex GmbH, a German company specializing in stainless steel chimneys. The acquisition marks a significant step in Expo Inox's broader international expansion strategy, particularly strengthening its presence in Central European markets like Germany, Switzerland, Austria, and France. The legal team from Eversheds Sutherland, led by partner Tiziana Del Prete, provided comprehensive support during the acquisition process, including due diligence, negotiation, and drafting of acquisition agreements. The seller, Thomas Steegmüller, was advised by LFK Law Firm, led by partner Arne Palm.
Sectors
- Manufacturing
- Legal Services
Geography
- Italy – Expo Inox is based in Italy, and this transaction is part of its strategy to expand internationally.
- Germany – The target company, Steegmüller Kaminoflex GmbH, is based in Germany, and this acquisition strengthens Expo Inox's footprint in the German market.
Industry
- Manufacturing – The acquisition involves companies specialized in the production of chimney systems, which falls under the manufacturing industry.
- Legal Services – Legal firms Eversheds Sutherland and LFK Law Firm played critical roles in facilitating the acquisition process, signifying importance in legal services industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Expo Inox S.p.A. | Buyer | Company | An Italian company that produces metal, polypropylene, and carbon steel chimney systems. |
| Steegmüller Kaminoflex GmbH | Target | Company | A German company specializing in stainless steel chimneys. |
| Eversheds Sutherland | Legal Advisor | Company | International law firm providing legal support to Expo Inox in the acquisition process. |
| LFK Law Firm | Legal Advisor | Company | German law firm advising Thomas Steegmüller, the seller, in the transaction. |
| Tiziana Del Prete | Partner at Eversheds Sutherland | Person | Led the legal team at Eversheds Sutherland for the acquisition. |
| Thomas Steegmüller | Vendor | Person | Key shareholder of Steegmüller Kaminoflex GmbH selling the company. |