Qvedis GmbH which was taken over by HSH Private Equity in March 2007 has merged with Kundo
System Technik GmbH. As Qvedis, Kundo manufactures measuring devices and systems to meter energy
consumption data especially in residential and commercial property. Qvedis and Kundo have a joint
turnover of approx. EUR 40 million. Details of the purchase price were not disclosed. The
transaction has been cleared by the Federal Cartel Office.
After completion of the transaction the seller, Dr Frank Obergfell, will continue to serve the
new company as a member of the advisory board and shareholder.
CMS Hasche Sigle's partners Dr Wolf-Georg Freiherr von Rechenberg, Berlin, and Dr Tobias
Schneider, Stuttgart, provided the seller with comprehensive advice during the transaction.
Advisers CMS Hasche Sigle
Dr Wolf-Georg Freiherr von Rechenberg (lead partner)
Dr Tobias Schneider (lead partner)
Associates:
Kai Neuhaus, LL.M. (competition)
Jesko Nobiling (tax)
Contact CMS Hasche Sigle:
Dr Wolf-Georg Freiherr von Rechenberg
Tel.: +49 (0) 30 / 203 60-1801
E-mail:
Wolf-Georg.vonRechenberg@cms-hs.com
Dr Tobias Schneider
Tel.: +49 (0) 711 / 9764-364
E-mail:
Tobias.Schneider@cms-hs.com
Gabriela Freitag, press and publications
Tel.: +49 (0) 30 / 203 60- 1208
E-mail:
Gabriela.Freitag@cms-hs.com
About CMS Hasche Sigle
CMS Hasche Sigle is one of the leading German law firms with more than 500 lawyers. It covers
the entire area of commercial law and provides legal advice to major German and international
companies from a wide spectrum of industry. It has offices in Berlin, Cologne, Duesseldorf,
Frankfurt, Hamburg, Leipzig, Munich, Stuttgart, Chemnitz, Dresden, Brussels, Belgrade, Moscow and
Shanghai.
CMS Hasche Sigle is a partnership of lawyers and tax consultants; for register details / list of
partners see
www.cms-hs.com
CMS Hasche Sigle is a member of CMS, an alliance of leading independent European law firms. With
over 595 partners, a total of 2,000 lawyers and tax consultants and around 4,200 support staff we
advise our clients at commercial locations in 48 business centres in Europe and further afield on
legal and tax issues.
In addition to CMS Hasche Sigle, the following firms are also members of the CMS alliance: CMS
Adonnino Ascoli & Cavasola Scamoni (Italy), CMS Albiñana & Suárez de Lezo (Spain), CMS
Bureau Francis Lefebvre (France), CMS Cameron McKenna LLP (Great Britain), CMS DeBacker (Belgium),
CMS Derks Star Busmann (the Netherlands), CMS von Erlach Henrici (Switzerland) and CMS
Reich-Rohrwig Hainz (Austria). CMS has 58 offices in 25 countries around the world.
For further information on CMS Hasche Sigle see
www.cms-hs.com and on the CMS alliance see
www.cmslegal.com.
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