Pinsent Masons advises HomeServe on two acquisitions and launch in Germany
13 Feb 2023 | 08:39 am | 1 min. read
Multinational law firm Pinsent Masons has advised HomeServe on two acquisitions of plumbing, heating and air conditioning businesses in Germany.
The firm has advised the UK-headquartered emergency repairs and improvements business on its acquisition of domestic German businesses Barella Gebäude- und Energietechnik GmbH and Egly Kälte-Klimatechnik GmbH. Furthermore, the firm has supported HomeServe on a range of matters related to its launch in Germany including insurance, data protection and competition matters.
The Pinsent Masons team advising HomeServe on the acquisitions was led by Corporate Partner Ronald Meissner and Senior Associate Dr. Sandra Schuh. Advice related to commercial aspects of the launch into the German market was led by Corporate Partner Dr. Sönke Gödeke and Legal Director Dr. Peter Roesgen.
Commenting on the transaction, Ronald Meissner, M&A expert and partner at Pinsent Masons, said: “We are proud to have been instructed by HomeServe to advise on a number of transactions which have paved the way for the business to realise its expansion plans in Germany. We look forward to continuing to support the business as it drives forward its strategy in Europe.
“This type of multi-disciplinary project demonstrates the value of the firm’s multinational strategy which enabled us to leverage expertise in both Germany and the UK.”
HomeServe, with over 9,000 employees and a turnover of more than £1,429.3m, is a provider of home services and repairs. The company specialises in emergency plumbing, heating and electrical support and repairs. HomeServe's customer base is spread across the United Kingdom, the United States of America, France and Spain, with the largest customer base in the United Kingdom and the United States.
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