Oppenhoff & Partner advises Kuwaiti German Holding Company (K.S.C.) on the assumption of the assets of j&w Reinigungssyteme für Trockenkühlanlagen
Press Release 31 March 2010
The Kuwaiti German Holding Company (K.S.C.) is acquiring the operative assets of j&w Reinigungssyteme für Trockenkühlanlagen GmbH, Bochum. The purchase price is not being disclosed. Kuwaiti German Holding Company (K.S.C.) is a private investment company which participates in unlisted small and medium-sized German businesses. Its investment focus lies in manufacturing enterprises and industry-oriented services, where access to the Gulf States (GCC) promises particular added value potential.
j&w is the world’s leading manufacturer of cleaning equipment for dry-cooling systems. Throughout the world, plant manufacturers are fitting air-condensation systems in new power stations with j&w cleaning systems because of the increased performance achieved with the cleaning.
Oppenhoff & Partner extensively advised the Kuwaiti German Holding Company (K.S.C.) in this transac-tion. The Oppenhoff & Partner team comprised Dr. Peter Etzbach (corporate law, M&A – lead partner), Tina Kasten (M&A/corporate law), Dr. Christoph Poertzgen (insolvency law), Isabel Kreienbrock, Jörn Kuhn (labour law) and Dr. Michael Kautzsch (real estate law)
About Oppenhoff & Partner
Oppenhoff & Partner is an independent law firm located in Cologne. It sees itself as a top-ranking legal adviser of enterprises and entrepreneurs, offering a broad range of advice on commercial and tax law. With more than 55 lawyers, it focuses on the provision of advice to regional, national and international major and medium-sized enterprises. Oppenhoff & Partner’s clients include Ford, Hannover Rück, Johnson & Johnson, M. DuMont Schauberg, RWE, United Airlines, Vattenfall and the Zurich Group.
Contact at Oppenhoff & Partner
Elmar Salinger
Public Relations Manager
Tel: +49 (0) 221 2091-315
elmar.salinger@oppenhoff.eu
Dr. Peter Etzbach, LL.M.
Telephone: +49 (0)221 2091 519
Telefax: +49 (0)221 2091 333
crgre.rgmonpu@bccraubss.rh
