VR Equitypartner portfolio company Kälte Eckert buys Gartner, Keil & Co
Frankfurt am Main / Markgröningen — Kälte Eckert GmbH, a refrigeration equipment manufacturer based in Markgröningen, Germany, has acquired Gartner, Keil & Co Klima- und Kältetechnik GmbH. The seller of the shares is the hitherto sole shareholder and managing director Frank Keil, who will continue to manage the company operationally. The aims of the partnership are to expand the service network and the qualified employee base and to bundle know-how. For the portfolio company of VR Equitypartner (photo: Christian Futterlieb, Managing Director), this is the second add-on acquisition within a few months: Only in November 2019, the merger with Günther Kältetechnik laid the foundation for a successful platform strategy.
Dr. Rainer Herschlein, Partner at Heuking Kühn Lüer Wojtek, advised Kälte Eckert GmbH on the acquisition of Gartner, Keil & Co Klima- und Kältetechnik GmbH.
Gartner, Keil & Co. Klima- und Kältetechnik GmbH specializes in consulting and sales of individualized systems in the fields of refrigeration and air conditioning technology, cold storage technology, cold and deep-freeze rooms as well as special plant engineering. Founded in 1990, the company is based in Neulußheim, Baden-Württemberg, and employs 16 people.
Kälte Eckert GmbH has focused on special plant engineering for commercial refrigeration with an emphasis on industrial kitchens, industrial refrigeration and air conditioning. In addition, the company is the nationwide technology leader in the field of alternative ecological coolants. Customers include Daimler, UniCredit and LBBW. The company was founded in 1966 and is now managed by Michael Eckert and Holger Eckert, the sons of the company founder.
VR Equitypartner GmbH is one of the leading equity financiers in Germany, Austria and Switzerland. The company supports medium-sized family businesses in finding strategic solutions to complex financing issues. VR Equitypartner offers majority and minority investments as well as mezzanine financing. VR Equitypartner’s portfolio includes around 100 commitments with an investment volume of EUR 500 million.
Herschlein’s team most recently advised Kälte Eckert on its merger with Günther Kältetechnik GmbH in November 2019.
Advisors to VR Equitypartner GmbH: Heuking Kühn Lüer Wojtek
Dr. Rainer Herschlein, LL.M. (Lead, Corporate), Stuttgart
Charlotte Schmitt, LL.M. (Corporate, M&A), Stuttgart
About VR Equitypartner
VR Equitypartner GmbH is one of the leading equity financiers in Germany, Austria and Switzerland. The company supports medium-sized family businesses in finding strategic solutions to complex financing issues. VR Equitypartner offers majority and minority investments as well as mezzanine financing. VR Equitypartner’s portfolio includes around 100 commitments with an investment volume of EUR 500 million.