Clifford Chance advised Kingspan Holding on the aquisition of Essmann Group from Quadriga.
Essmann Group is one of the leading European manufacturers and suppliers of sustainable lighting, natural ventilation and smoke management solutions for roofs and facades of non-residential buildings. The group currently employs more than 900 employees at their production sites in Bad Salzuflen, Lemgo, Detmold (all Germany) and Lyon (France).
Kingspan, headquartered in Kingscourt, Ireland, is a global leader in high performance insulation, building fabric and solar integrated building envelopes. In 2015 the publicly listed company generated sales exceeding EUR 2.7 billion.
The Clifford Chance team was led by partner Dr. Thomas Krecek and comprised senior associates Stefan Bruder and Carmen Büker, transaction lawyer Carina Soesanto (all Corporate, Frankfurt), partner Thorsten Sauerhering and senior associate Dr. Dominik Engl (both Tax, Frankfurt), partner Dr. Fabian Böhm and senior associate Amrei Fuder (both Real Estate, Frankfurt), associates Susanne Werry and Ayleen Herrmann (both Corporate/Private Equity, Frankfurt), partner Dr. Claudia Milbradt and senior associate Christoph Crützen (both IP, Düsseldorf) partner Marc Besen (Brussels/Düsseldorf) and senior associate Dr. Florian Wiesner (Düsseldorf, both Corporate/Antitrust), partner Thomas Hey and senior associate Dr. Philipp Schäuble (both Corporate/Employment, Düsseldorf) as well as lawyers from the Clifford Chance offices in Paris, Warsaw and Prague.
Clifford Chance already advised Kingspan in 2012 on the acquisition of the construction elements group of ThyssenKrupp Steel Europe as well as in 2010 on the acquisition of the European insulation business of CRH Plc.