Advising Trane Technologies on the acquisition of Transport-Kälte-Vertrieb GmbH (TKV)


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TKV has represented Thermo King in southern Germany for 55 years, specializing in sales, installation and after-sales service of transport refrigeration units and accessories, in addition to maintenance and telematics solutions. The transaction closed recently and the company continues to serve the southern German market, now operating as Thermo King Deutschland. The acquisition strengthens Thermo King’s industry leading transport refrigeration service network across Europe, the Middle East and Africa (EMEA), and expands Thermo King’s scale, reach and leadership as it drives the decarbonisation of refrigerated transport and accelerates growth throughout the region. The Eversheds Sutherland team was led by Dr. Christian Mense (Partner, Corporate/M&A, Munich). Other key team members included Dr. Christian Lindner (Counsel, Corpo-rate/M&A, Munich), Dr. Navid Anderson (Counsel, Corporate/M&A, Frankfurt), Dr. Lars Haverkamp (Partner, Tax), Niklas Schilawa (Counsel, Tax, both Duesseldorf), Kathrin Paulet (Partner, Real Estate, Duesseldorf), Dr. Manuela Rauch (Partner, Employment), Kristina Weindl (Associate, Employment, both Munich), Jan-Jacob Roeder (Counsel, Pen-sions, Hamburg), Nils Müller (Partner, IT, Munich), Dr. Kristina Kober (Senior Associate, Commercial), Peter Schott (Senior Associate, Commercial, both Munich) and Lea Trinczek (Associate, Corporate/M&A, Frankfurt). Eversheds Sutherland takes all reasonable care to ensure that the materials, information and documents, including but not limited to articles, newsletters, reports and blogs (""Materials"") on the Eversheds Sutherland website are accurate and complete. 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Eversheds Sutherland has successfully advised global climate innovator Trane Technolo-gies plc (NYSE:TT), and its Thermo King brand, a leader in sustainable transport temper-ature control solutions, on the acquisition of Transport-Kälte-Vertrieb GmbH (TKV), the largest of five independent Thermo King and Frigoblock dealers in Germany.

TKV has represented Thermo King in southern Germany for 55 years, specializing in sales, installation and after-sales service of transport refrigeration units and accessories, in addition to maintenance and telematics solutions. The transaction closed recently and the company continues to serve the southern German market, now operating as Thermo King Deutschland.

The acquisition strengthens Thermo King’s industry leading transport refrigeration service network across Europe, the Middle East and Africa (EMEA), and expands Thermo King’s scale, reach and leadership as it drives the decarbonisation of refrigerated transport and accelerates growth throughout the region.

The Eversheds Sutherland team was led by Dr. Christian Mense (Partner, Corporate/M&A, Munich). Other key team members included Dr. Christian Lindner (Counsel, Corpo-rate/M&A, Munich), Dr. Navid Anderson (Counsel, Corporate/M&A, Frankfurt), Dr. Lars Haverkamp (Partner, Tax), Niklas Schilawa (Counsel, Tax, both Duesseldorf), Kathrin Paulet (Partner, Real Estate, Duesseldorf), Dr. Manuela Rauch (Partner, Employment), Kristina Weindl (Associate, Employment, both Munich), Jan-Jacob Roeder (Counsel, Pen-sions, Hamburg), Nils Müller (Partner, IT, Munich), Dr. Kristina Kober (Senior Associate, Commercial), Peter Schott (Senior Associate, Commercial, both Munich) and Lea Trinczek (Associate, Corporate/M&A, Frankfurt).

Eversheds Sutherland takes all reasonable care to ensure that the materials, information and documents, including but not limited to articles, newsletters, reports and blogs (""Materials"") on the Eversheds Sutherland website are accurate and complete. However, the Materials are provided for general information purposes only, not for the purpose of providing legal advice, and do not necessarily reflect the present law or regulations. The Materials should not be construed as legal advice on any matter.

The Materials may not reflect the most current legal developments. The content and interpretation of the Materials and the law addressed in the Materials are subject to revision.

No representation or warranty, express or implied, is made as to the accuracy or completeness of the Materials and therefore the Materials should not be relied upon. Eversheds Sutherland disclaims all liability in respect of actions taken or not taken based on any or all of the contents of the Materials to the fullest extent permitted by law. The Materials are not intended to be comprehensive or to include advice on which you may rely. You should always consult a suitably qualified Lawyer/Attorney on any specific legal matter.

Any views expressed through the Materials are the views of the individual author and may not reflect the views of Eversheds Sutherland or any other individual Lawyer/Attorney.