Eversheds Sutherland advises Trane on TKV acquisition

Eversheds Sutherland has advised Trane Technologies (NYSE: TT) and its Thermo King brand on the acquisition of Transport-Kälte-Vertrieb GmbH (TKV), the largest of five independent Thermo King and Frigoblock dealers in Germany. The transaction has now closed, with TKV continuing to serve the southern German market under the new name Thermo King Deutschland.

TKV has represented Thermo King in southern Germany for fifty-five years, specialising in sales, installation and after-sales service of transport refrigeration units and accessories, as well as maintenance and telematics solutions.

The Eversheds Sutherland team

The Eversheds Sutherland team was led by partner Christian Mense (corporate/M&A, Munich, pictured). He was supported by counsel Christian Lindner (corporate/M&A, Munich), counsel Navid Anderson (corporate/M&A, Frankfurt) and associate Lea Trinczek (corporate/M&A, Frankfurt).

Tax advice was provided by partner Lars Haverkamp and counsel Niklas Schilawa (both Düsseldorf). Real estate matters were handled by partner Kathrin Paulet (Düsseldorf), while employment was covered by partner Manuela Rauch and associate Kristina Weindl (both Munich). Pensions advice came from counsel Jan-Jacob Roeder (Hamburg). IT matters were handled by partner Nils Müller (Munich), and commercial aspects were addressed senior associates Kristina Kober and Peter Schott (both Munich).