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Eversheds Sutherland advises Rheem Manufacturing on the acquisition of MHG Heiztechnik

  • Germany

12-05-2023

The international law firm Eversheds Sutherland advised Rheem Europe on the acquisition of MHG Heiztechnik GmbH, a manufacturer and supplier of sophisticated space heating and domestic hot water heating systems in Germany.

Rheem Europe is part of the international Rheem Manufacturing Group, a global leader in the manufacture of high-quality, sustainable, and innovative water heaters, tankless water heaters, air conditioners, furnaces, pool heaters, and HVAC systems for residential and commercial applications.

The acquisition gives Rheem a new presence in Germany along with a market channel for sustainable solutions, specifically hybrid and all-electric heat pumps. The acquisition of MHG Heiztechnik further helps Rheem penetrate a part of Europe where, until now, it did not have a presence. It is also the first M&A transaction which Eversheds Sutherland has advised Rheem on.

The team of Eversheds Sutherland was headed by Dr. Christian Lindner (Counsel) and Sophia Münzel (Senior Associate) (both Corporate/M&A, Munich).

Further team members were Merle Templin (Counsel, Employment, Hamburg), Jens Binding (Counsel, Tax), Niklas Schilawa (Senior Associate, Tax), Hizir Aydogdu (Senior Associate, Real Estate), Maximilian-Philipp Schoeps (Associate, Regulatory, all Dusseldorf), Steffen Morawietz (Counsel, Commercial, Munich).

Dr. Christian Lindner, Counsel
Sophia Münzel, LL.M (USC), Senior Associate

This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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