10.11.2021 | Deal Notifications, Press releases
KPMG Law advises Prinzing Group on the acquisition of a majority stake in Scateo
KPMG Law Rechtsanwaltsgesellschaft mbH provided legal advice to Prinzing Elektrotechnik GmbH on the acquisition of a majority stake in Scateo GmbH.
The Prinzing Group is active in the field of planning and production of complete electrical building technology as well as taking over and carrying out electrical installation work in the heavy and light current sector. Last year, the Prinzing Group generated sales of around 175 million euros and currently employs around 750 people at a total of nine locations.
Scateo GmbH implements electrotechnical systems for industry, residential construction, hospitals, hotels and public facilities as a full-service provider in the areas of electrical installation, building automation, data network technology, switchgear construction, photovoltaics and security technology.
As part of the transaction, KPMG Law provided legal advice on the drafting and negotiation of the contractual framework underlying the transaction.
Legal advisor Prinzing Elektrotechnik GmbH:
KPMG Law Rechtsanwaltsgesellschaft mbH: Dr. Christian Hensel (Partner, Lead), Cilem Aksu-Aflatoon (Senior Manager),
Emanuel Daschner
(Associate), all Corporate/M&A, all Nuremberg
Tax consultants Prinzing Elektrotechnik GmbH:
ESWICON GmbH & Co. KG: Klaus Schäffler (Partner), Jochen Kottmann (Partner), both Eislingen/Fils.
