CMS has advised Mutares AG on the sale of the Geesinknorba group to the Chinese greentech fund Firion Investments.

Geesinknorba is a leading European provider of technical solutions for waste collection. The Company develops, produces and distributes innovative refuse collection vehicles and stationary presses.

Mutares acquires companies that are being sold in the course of a repositioning process and that show a clear operational improvement potential. The shares of Mutares are listed on the Frankfurt Stock Exchange.

The CMS team was headed by Roman Tarlavski and further comprised Abbas Ali Hyder, Martijn van der Bie, Herman Boersen and Lisanne van der Velden.