Clifford Chance teams from Germany and France have advised funds advised by Triton on the acquisition of Fläkt Woods Group.
Fläkt Woods is one of the world's leading producer of energy efficient air treatment and ventilation systems. The company, with locations in 25 countries in all regions of the world, earns EUR 423 million in sales. It employs more than 2,100 people. The transaction is still subject to regulatory approval in the relevant jurisdictions. The parties have agreed not to disclose the purchase price.
The Triton funds invest in medium-sized businesses headquartered in Northern Europe - with a focus on Germany, Switzerland, Austria and the four Nordic countries: Denmark, Finland, Norway and Sweden. The 27 companies currently in Triton's portfolio have combined sales of over approx. EUR 12 billion.
The Clifford Chance team consisted of partners Dr. Anselm Raddatz (Düsseldorf), Dr. Jörg Rhiel (Frankfurt, both Corporate/Private Equity), Fabrice Cohen, Marianne Pezant (both Corporate/Private Equity, Paris), counsel Dr. Robert John, senior associate Dr. Christian Nordholtz, associates Gerd Hegele, Ayleen Hermann, Susanne Werry (all Corporate/Private Equity, all Frankfurt), Marc Besen (Antitrust, Brussels/Düsseldorf), senior associate Dr. Dimitri Slobodenjuk (Antitrust, Düsseldorf), partner Dr. David Elshorst and senior associate Amrei Fuder (both Real Estate), senior associate Dr. Ulrike Breidenstein, associate Dr. Christopher Fischer (both Corporate, Employment law), partner Dr. Heiner Hugger, senior associates Dr. David Pasewaldt, Dr. Alexandra Diehl (all Litigation & Dispute Resolution) as well as partner Dr. Bettina Steinhauer and senior associate Dirk Brouwers (Banking & Capital Markets) – all Frankfurt.