Clifford Chance Advised Egeria On The Divestiture Of ISOPLUS To Viessmann

Clifford Chance advised Egeria on ISOPLUS Group's divestiture to Viessmann Generations, advancing European district heating solutions.

Update: 2024-11-25 12:12 GMT

Clifford Chance Advised Egeria on the Divestiture of ISOPLUS to Viessmann

Global law firm Clifford Chance has advised pan-European private equity investor Egeria on the divestiture of ISOPLUS Group to Viessmann Generations Group. The definitive agreement was signed on November 20, 2024, and the transaction remains subject to regulatory approvals from the competent authorities. Financial details of the deal have not been disclosed.

Headquartered in Rosenheim, Germany, ISOPLUS is a leading European provider of pre- insulated piping systems, primarily used for district heating and district cooling applications.

The company serves a broad customer base of local utility providers, municipalities, and contractors through a direct sales model. With over 1,500 employees, 10 certified production sites, and operations in more than 30 countries, ISOPLUS has been a portfolio company of Egeria since 2022, when Clifford Chance also advised Egeria on the acquisition. Egeria, founded in 1997, is an independent pan-European investment firm focused on medium-sized companies. Its private equity portfolio includes 21 companies with a combined turnover of around €3 billion and over 13,000 employees.

The Clifford Chance team advising Egeria on this divestiture included Partner Nicole Englisch, Counsel Max Alles, and Associate Max Petzelberger (all from the Corporate/Private Equity team in Munich), Partner Dimitri Slobodenjuk and Senior Associate Arne Gayk (Antitrust, Düsseldorf), Partner Simon Reitz and Senior Associate Philip Rosak (Global Financial Markets, Frankfurt), Partner Gilles Lebreton and Partner Florence Aubonnet (Corporate/M&A and Employment, Paris), Partner Olaf Mertgen and Senior Associate Christian Klein (Tax, Frankfurt), Partner Holger Lutz and Senior Associate Tobias Born (Commercial/Data Protection, Frankfurt), and Partner David Pasewaldt (Compliance, Frankfurt). 

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