Noerr advises H+H International on another transaction in Germany

Noerr has once again advised H+H International A/S on a transaction in Germany. As part of its growth strategy in the German market, H+H is taking over the majority of Porenbetonwerk Laussnitz GmbH & Co. KG. Achieving turnover in excess of 2.5 billion Danish kroner in 2018, the Nasdaq Copenhagen listed company’s core business is the manufacture and sale of wall construction materials.

At its plant near Dresden, Germany, Porenbetonwerk Laussnitz produces high-quality aerated concrete for masonry construction, which is used in all areas of building and refurbishment. The takeover follows the acquisition by H+H of a majority stake in Baustoffwerke Dresden GmbH & Co. KG from HeidelbergCement in spring 2019 and the acquisition of the German and Swiss sand-lime brick business from HeidelbergCement in 2018. All transactions were handled by teams led by Munich partner Holger Ebersberger.

In-House H+H: Lisbeth Bork (Chief Legal Officer)

Advisors to H+H: Noerr LLP

Holger H. Ebersberger (Corporate/M&A, Munich, team lead), Dr Elmar Bindl (Tax)

Associates: Julia Hecht, Nicole Kaps, Franziska Nebollieff, Daniel Prexler (all Corporate/M&A, Munich), Madita Gosch (Real Estate, Berlin)