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Linklaters advises Nordic Climate Group on entry into the German market

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16 July 2026

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Simone Fuhrherr
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Linklaters has advised Nordic Climate Group, a portfolio company of Altor Equity Partners, on the acquisition of four companies in Germany. Through the acquisition of HRW Gebäudetechnik GmbH, Friedrich Reitemeier GmbH and its subsidiaries Versorgungstechnik Stüve GmbH and Karl Busch Installationen GmbH, Nordic Climate Group is entering the German market.

The four companies together represent a strong regional presence in refrigeration, heating and energy-efficient technical installations across Northern and Western Germany. Their business activities focus on commercial and industrial projects, service offerings and refurbishment projects.

The Linklaters team was led by Frankfurt-based Private Capital partner Carl Sanders and managing associate Julius Gerbaulet. Other team members included partners Dr Christian Hundeshagen (Tax, Frankfurt) and Dr David-Julien dos Santos Goncalves (Antitrust & Foreign Investment, Dusseldorf), counsel Anne Katharina Rosenow (Tax, Frankfurt), managing associate Sebastian Plötz (Antitrust & Foreign Investment, Dusseldorf) and associate Maximilian Weitzel (Private Capital, Frankfurt).

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