The Austrian group of companies KeKelit GmbH based in Linz has sold DW Verbundrohr ("Multitubo") to the French Elydan based near Grenoble.

A team led by Corporate Partner Dr. Georg Anders of HEUSSEN comprehensively advised KeKelit on the transaction. The team also included Corporate Partner Cornelia Weber and Tax Partner Martin Grasser. Dr. Anders has been advising the KeKelit Group on corporate law for many years.

DW Verbundrohr is a German industrial distribution company that has been established in the market for 20 years. The company offers composite pipes and fittings under the Multitubo brand, has its own branches in Germany and France, but also covers the European and international market with distribution partners in more than 40 countries. Elydan develops and manufactures pipes, ducts and sheathing for the construction industry. The company will reach a total turnover of almost EUR 200 million with the acquisition in 2022.

The Corporate department is one of the core areas at HEUSSEN. More than 30 partners and lawyers advise in particular on transactions, financing rounds and restructurings. National and international clients are advised across all offices on all corporate law matters as well as on all questions relating to corporate organisation. The team also has extensive experience in cross-border matters.

ABOUT HEUSSEN

HEUSSEN Rechtsanwaltsgesellschaft mbH is a full-service business law firm. A total of more than 120 lawyers, tax consultants, auditors and notaries are working for HEUSSEN, in Germany at the offices in Munich, Frankfurt/Main, Stuttgart and Berlin. HEUSSEN advises nationally and internationally operating companies in all areas of commercial law. The law firm is a member of the international network MULTILAW, one of the largest networks of independent law firms with more than 10,000 lawyers in more than 100 countries worldwide.

For further information, please visit www.heussen-law.de.

Contact

Dr. Frank Grischa Feitsch M.C.L.

(Corporate & Asset Succession/Foundations,

Marketing)

HEUSSEN Rechtsanwaltsgesellschaft mbH

Kurfürstendamm 31

10719 Berlin

Phone: +49 (30) 7009 4910

Fax: +49 (30) 7009 4989

E-Mail: [email protected]

Munich, 18th of November 2022