Noerr advises H+H on acquisition in Germany

Noerr has advised H+H International A/S in a transaction on the German market. Following the acquisition of HeidelbergCement's German and Swiss silicate unit business last year, H+H is now also taking over the 51% stake of HeidelbergCement in Baustoffwerke Dresden GmbH & Co. KG.

The transaction marks also the completion of the acquisition of a total of nine sand-lime brick plants in Germany and Switzerland since 2018. H+H's core activity is the manufacture and sale of wall building materials with a revenue of more than DKK 2.5 billion in 2018. The Nasdaq Copenhagen listed company has 28 factories in Northern and Central Europe and Northwest Russia with a total output of more than 4 million cubic metres of products annually and has a leading position in most of its markets.

H+H has relied on the advice from Noerr and a team led by Holger Ebersberger. The Munich-based Private Equity Partner has already advised H+H on the takeover of HeidelbergCement's German and Swiss silicate unit business last year.

In-House H+H: Lisbeth Bork (Vice President, Legal)

Advisors to H+H: Noerr LLP

Holger Ebersberger (Private Equity, Munich, lead), Uwe Erling (Energy, both Munich), Carsten Heinz (Tax, Berlin/Munich), Benjamin Jahn (Employment), Christoph Rieken (IP, both Munich), Clemens Schönemann (Real Estate, Berlin)

Noerr Prague: Barbara Kusak (lead), Petr Hrncir (both Corporate/M&A)

Associates: Nicole Kaps, Franziska Nebollieff (both Private Equity, Munich), Phil Beetz (Real Estate, Berlin), Hannes Butz (Banking & Finance, New York), Julia Berdin (Telecommunications, Berlin)

Noerr Prague: Michal Janicek, Stepanka Havlikova (both Corporate/M&A), Roman Kysela (Litigation)