Danish Danfoss A/S entered into an agreement with NORD Holding group on the acquisition of BOCK group. Developing compressors for the natural refrigerant CO2 since 1993, BOCK is a global technology leader in the field of environmentally friendly, economical compressors. BOCK has production sites in Germany, Czech Republic, India and China. With the acquisition, Danfoss adds the world's largest portfolio of semi-hermetic compressors for natural refrigerants such as CO2, hydrocarbons, and other low-GWP refrigerants to its already strong portfolio.
Hengeler Mueller advises Danfoss on the transaction. The team is led by partners Annika Clauss and Frank Burmeister (both M&A, Frankfurt) and includes partners Matthias Scheifele (Tax, Munich), Markus Röhrig (Antitrust, Brussels), Henning Hilke (Financing, Frankfurt) and Jan Bonhage (Public Law, Berlin), counsel Astrid Harmsen and Andrea Schlaffge (both IP/IT, Düsseldorf) as well as associates Marika Öry, Guglielmo Ziani, André Jahn, Caspar Conzen, Jennifer Zimmermann (all M&A), Jan Henry Adami (Tax), Jean Friedrich Härtelt, Talbot Zander (Real Estate), Susanne Walzer (Employment) (all Frankfurt), Frederic Geber (Public Law, Düsseldorf), Kamilla Zembala-Börner (Antitrust, Brussels) and Anton Petrov (Public Law, Berlin).
Haiwen (China), JSA (India) and Wolf Theiss (Czech Republic) acted as local counsel.