BaFin approves for the first time unpaid equity commitment as a Tier 2 ancillary own-fund item, creating a cash-efficient alternative to group-internal own-fund financing
17 May 2024
The Viessmann Group GmbH & Co KG has announced to merge its business area "Viessmann Climate Solutions" with Carrier Global Corporation, a leading global provider of intelligent climate and energy solutions with headquarters in Palm Beach Gardens, Florida (USA).
Carrier Global will acquire Viessmann Climate Solutions, the largest business area of Viessmann Group, in a cash and stock transaction for an enterprise value of EUR 12 billion. Viessmann Group will become the largest private shareholder in Carrier Global.
Hengeler Mueller team for Viessmann Group
Corporate/M&A: Matthias Hentzen, Thomas Meurer (both lead partners, Dusseldorf), Jan Häller (associate, Frankfurt), Johannes Fütterer, Julia Redbrake, Benedikt Mertens (all associates, all Dusseldorf),
IP/IT: Wolfgang Kellenter (partner), Matthias Rothkopf, Astrid Harmsen, Andrea Schlaffge (all counsel), Johannes Jäkle (associate, all Dusseldorf),
Tax: Matthias Scheifele (partner, Munich), Sebastian Adam (Frankfurt), Isabella Zimmerl (Munich, both associates),
Employment: Christian Hoefs (partner), Andreas Kaletsch (associate, both Frankfurt),
Antitrust: Thorsten Mäger (partner), Anja Balitzki (counsel), Sara Jungewelter (associate, all Dusseldorf),
Public Law: Vera Jungkind (partner), Moritz Rademacher (counsel), Sandra Plötz (associate, all Dusseldorf),
FDI: Jan Schülting (associate, Dusseldorf),
Compliance: Constantin Lauterwein (partner), Melena Katharina Krause (associate, both Berlin),
Capital Markets: Dirk Busch (partner), Caspar Haarmann (counsel, both Dusseldorf),
Financing: Daniel M. Weiß (partner), Nükhet Tanrikulu (associate, both Frankfurt),
US law: Davis Polk.
