On 01.11.2005 the Minol group, which operates internationally, took over the operative business of
the Saarbrücken Zenner group, one of the largest manufacturers of water and heating metres, by
means of an asset deal following the insolvency of Zenner GmbH & Co. KG aA. A team from CMS
Hasche Sigle led by Dr Axel Sigle, partner in the Stuttgart office, advised Minol on the
transaction. Details of the purchase price were not disclosed.
The Stuttgart family-run company Minol, a leading appliance manufacturer and service provider
for consumption-dependent billing of heating and hot and cold water costs, will continue the
activities of Zenner under the umbrella of the Minol group in the form of the newly established
legally independent Zenner International GmbH & Co. KG with its domicile in Saarbrücken. All of
the employees affected by the sale will have continued employment in the new structure.
By assuming the Zenner group Minol is expanding its market position abroad and in future it
will have its own subsidiaries in 17 countries. In future Minol will also offer all products for
measuring heat and water in the home. Thus, in Germany the company's operations, which have
hitherto concentrated on the management of residential property, have been extended to include the
target groups power management, combined heat and power, wholesale trade, local authorities, OEM
and other metering service providers.
Advisers to Minol Messtechnik W. Lehmann GmbH & Co. KG
CMS Hasche Sigle, Stuttgart
Dr Axel Sigle (lead partner, corporate)
Dr Alexandra Schluck-Amend, (insolvency, corporate)
Martin Düker (corporate)
Eva Sailer (corporate)
Dr Oliver Simon (employment)
Dr Klaus Ikas (IP)
Martin Gerlach (IP)
Dr Harald Kahlenberg (competition)
Roland Wutzke, CMS GmbH Steuerberatungsgesellschaft (tax)
Contact CMS Hasche Sigle:
Dr Axel Sigle
Tel.: +49 (0)711 / 9764-464
E-mail:
Axel.Sigle@cms-hs.com
Dr Alexandra Schluck-Amend
Tel.: +49 (0)711 / 9764-268
E-mail:
Alexandra.Schluck-Amend@cms-hs.com
About CMS Hasche Sigle:
CMS Hasche Sigle is one of the leading German law firms with more than 420 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. CMS Hasche Sigle operates at all the major business
centres. It has offices in Berlin, Cologne, Duesseldorf, Frankfurt, Hamburg, Leipzig, Munich,
Stuttgart, Chemnitz, Dresden, Brussels, Belgrade, Moscow and Prague.
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 European law firms. With over 575
partners, a total of 2,000 lawyers and tax consultants and around 3,800 support staff we advise our
clients in 24 countries in Europe and further afield on legal and tax issues.
Local strength and legal tax advice tailored to the requirements of the market combined with
a substantial amount of business and organisational integration form the basis for high-quality
international legal advice.
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 57 offices in 24 countries in Western and Central Europe,
North and South America, Asia and North Africa.
For further information on CMS Hasche Sigle see
www.cms-hs.com
and on the CMS alliance see
www.cmslegal.com
.
%20(2).jpg?v=3)
Social Media cookies collect information about you sharing information from our website via social media tools, or analytics to understand your browsing between social media tools or our Social Media campaigns and our own websites. We do this to optimise the mix of channels to provide you with our content. Details concerning the tools in use are in our privacy policy.