Noerr advises DBAG on sale of stake in R+S Group


A Noerr team led by Robert Korndörfer and Georg Schneider has advised Deutsche Beteiligungs AG (DBAG) on the sale of its stake in R+S Group (R+S) and on its reinvestment in the purchaser, NOKERA AG (“NOKERA”).

DBAG acquired its equity interest in R+S, a leading group of companies in the field of technical building equipment, in 2021 and has now successfully concluded its investment by selling its stake to NOKERA. NOKERA is a producer of sustainable buildings constructed using serial construction processes.

Another team from Noerr led by Georg Schneider and Robert Korndörfer previously advised DBAG on its acquisition of a majority interest in R+S.

Closing of the transaction is still subject to the usual closing conditions.

Advisors to Deutsche Beteiligungs AG (DBAG): Noerr Partnerschaftsgesellschaft mbB

Team lead: Robert Korndörfer (partner) and Georg Schneider (partner, both Private Equity, Munich)

Private Equity: Thomas Vogl (associate), Tobias Thiemann (associate, both Munich)

Employment law: Benjamin Jahn (partner, Munich), Johannes Allmendinger (associated partner, Frankfurt)

Real Estate: Manuel Lomb (associated partner), Antonio Di Mieri (senior associate, both Munich)

Tax: Florian-Felix Marquardt (associated partner, berlin)

Inhouse DBAG: Florian Döring (Head of Legal Department, Managing Director)