31.10.2024 | Deals done
Flick Gocke Schaumburg has advised the private equity firm capiton AG on the sale of its holding in GRITEC TopCo GmbH (GRITEC) to the Viessmann Generations Group (Viessmann).
The transaction is subject to clearance by the relevant antitrust authorities.
Advisors to capiton AG: Flick Gocke Schaumburg
Prof. Vassil Tcherveniachki (lead); associates: Dr. Sina Willkomm, Dr. Nils Linnemann (all tax)
LeitnerLeitner tax advisory (Prague):
Miroslav Král (lead); senior tax consultant: Lenka Truncová
The advisory services included tax advice for the transaction and the preparation of the tax fact book. These were complemented in Czechia by a team from LeitnerLeitner in Prague. Flick Gocke Schaumburg and LeitnerLeitner have previously worked together successfully for German clients with a Czech connection.
capiton is an independent, owner-managed private equity firm with funds under management totaling EUR 1.6 billion. The holding portfolio currently comprises 19 SMEs. As an equity partner, capiton supports management buyouts and growth financing in established SMEs.
GRITEC is one of the largest solution providers for turnkey technology buildings and stations for energy, water and industrial infrastructure in Germany. The company employs approximately 1,300 people at six locations in Germany and Czechia. GRITEC became a capiton holding in 2022. GRITEC became a capiton holding in 2022.