Liability risks for executives are increasing significantly: New regulatory requirements such as NIS-2, CSRD, and the Supply Chain Act are expanding the responsibilities of managing
KPMG Law Rechtsanwaltsgesellschaft mbH (KPMG Law) and KPMG AG Wirtschaftsprüfungsgesellschaft (KPMG) provided comprehensive advice to the shareholders of Frerk Aggregatebau GmbH (Frerk) on the sale of all shares to DEUTZ Aktiengesellschaft (DEUTZ).
KPMG Law supported the transaction with a cross-service and cross-location team on legal issues. An interdisciplinary team from KPMG contributed its expertise in the areas of M&A, finance and tax to all transaction-related issues.
Frerk is a medium-sized manufacturer in the field of development and production of power generation systems and emergency power generators. The company offers energy solutions for industrial and commercial applications and employs around 210 people. The existing shareholders will remain with the company in various functions and positions in the future.
By acquiring Frerk, DEUTZ is expanding its portfolio in the field of decentralized energy supply and is benefiting in particular from the increasing use of digital technologies and the expansion of AI applications.
Completion of the transaction is subject to the usual reservations, in particular antitrust approval, and is expected to take place during the first quarter of 2026.
KPMG Law: Dr. Christian Nordholtz (lead, partner), Dr. Marlon Wehrenberg (Manager), both Hanover, Markus Zawalich (Manager), Bielefeld, Philipp Augenstein (Senior Associate), Munich, all Corporate/M&A, Dr. Daniel Taraz (Senior Manager), Hamburg, IT and data protection law, Dr. Jonas Brueckner (Partner), Berlin, antitrust law.
KPMG AG Wirtschaftsprüfungsgselleschaft M&A: Dr. Steffen Wagner (Partner), Frankfurt am Main, Barbara Scholz (Senior Manager), Hamburg, Felix Gießler (Senior Manager), Munich, Pascal Dils (Assistant Manager), Munich, all Deal Advisory M&A;
KPMG AG Tax: Falko Fiedler-Schliemann (Partner), Jan Hildebrand (Senior Manager), both Hanover, Roman Telaar (Assistant Manager), Münster, all Corporate Tax;
KPMG AG Finance: Torben Kiemann (Partner), Nico März (Manager), Philip Langenhan (Assistant Manager), all Hanover, all Deal Advisory TS.
KPMG Law
© 2026 KPMG Law Rechtsanwaltsgesellschaft mbH, associated with KPMG AG Wirtschaftsprüfungsgesellschaft, a public limited company under German law and a member of the global KPMG organisation of independent member firms affiliated with KPMG International Limited, a Private English Company Limited by Guarantee. All rights reserved. For more details on the structure of KPMG’s global organisation, please visit https://home.kpmg/governance.
KPMG International does not provide services to clients. No member firm is authorised to bind or contract KPMG International or any other member firm to any third party, just as KPMG International is not authorised to bind or contract any other member firm.
