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CMS advises Husqvarna Group on acquisition of Heger GmbH Excellent Diamond Tools and Heger Excellent Diamond Tools B.V.

05/05/2022

Stuttgart, Germany - Husqvarna Group has acquired Heger GmbH Excellent Diamond Tools, a company specializing in professional diamond tools for the sawing and drilling industry. The acquisition also includes the Dutch company Heger Excellent Diamond Tools B.V. With the takeover, Husqvarna plans to further develop its business in this area in Europe. The transaction has already been closed. All parties involved have agreed not to disclose details. 

An international CMS team led by Lead Partner Dr. Claus-Peter Fabian and Senior Associate Cornelius Bareiß provided comprehensive legal advice to Husqvarna Group in the course of the acquisition. The cross-border advice required due to the acquisition of the Dutch company Heger Excellent Diamond Tools B.V. included in particular due diligence, preparation and negotiation of contract documentation, signing and closing preparation as well as project management.

Husqvarna AB is listed at the Stockholm stock exchange. Husqvarna Group is a global leading producer of outdoor power products and innovative solutions for forest, park and garden care. The Group is also the European leader in garden watering products and a global leader in cutting equipment and diamond tools for the construction and stone industries. The Group's products are sold under brands including Husqvarna, Gardena, McCulloch, Flymo, Zenoah and Diamant Boart.

Press Contact
presse@cms-hs.com

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