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CMS Hasche Sigle advises the towns of Friedrichshafen and Überlingen on establishing the "Stadtwerk am See" municipal utility company

28/09/2012

Stuttgart – Municipal utility companies Technische Werke Friedrichshafen GmbH and Stadtwerke Überlingen GmbH have merged their energy, water supply, telecommunications and infrastructure services into a newly established joint company. The new municipal utility company is called "Stadtwerk am See GmbH & Co. KG" and is headquartered in Überlingen.

A team from CMS Hasche Sigle led by lead partner Dr Maximilian Grub advised the towns of Friedrichshafen and Überlingen, as well as Technische Werke Friedrichshafen GmbH and Stadtwerke Überlingen GmbH, on all aspects of the legal and tax structuring, planning and implementation of the transaction.

This is the first merger of its type between two profitable public-sector utilities in Germany. The newly established municipal utility company supplies more than 80,000 people with energy and water, generates annual sales of over EUR 150 million and has around 300 employees. The investment arm, Stadtwerk am See Beteiligungsgesellschaft mbH & Co. KG, additionally offers local authorities in the Lake Constance region a platform for taking a stake in the company.

Advisers CMS Hasche Sigle

Dr Maximilian Grub, Corporate / M&A, Lead Partner Roland Wutzke, Tax
Dr Klaus Ikas, Intellectual Property
Dr Werner Walk, Labor, Employment & Pensions
Dr Volkmar Wagner, Procurement
Dr Kurt Gratz, Balance Sheets
Dr Christian F. Haellmigk, LL.M., Energy and Merger Control Proceedings
Luise Uhl-Ludäscher, Tax
Dr Florian Hofer, LL.M., Corporate / M&A
Agnes Wippich, Energy
Nils Wiese, LL.M., Labor, Employment & Pensions
Dr Sascha Pelka, Merger Control Proceedings
Dr Sabina Krispenz, Corporate
Dr Matthias Wenzel, Corporate

Press Contact
[email protected]

Publication
PR_StadtwerkAmSee_28_09_2012
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