BDO Legal advises the shareholders of Landefeld on the sale of a minority shareholding to Viessmann

A BDO Legal transaction team led by Munich partner Stefan Rau, advised the shareholders of Landefeld Druckluft und Hydraulik GmbH as well as Landefeld Beteiligungsgesellschaft mbH, one of the leading distributors for pneumatics and hydraulics components as well as industrial supplies across Europe, on the sale of a minority shareholding in the companies to Viessmann Generations Group GmbH & Co. KG.

Landefeld is a second generation family-owned business based in Kassel, Germany, and has been a reliable partner to the industry for over 40 years. As an experienced system supplier, the family-owned company serves a wide range of different industries, companies and people. Practically all technical production processes contain one or more items that the family-run company stocks and distributes for its customers at its headquarters. The company is known for the high quality standards of its products and its excellent delivery and logistics performance – shipping orders by 9 pm on the same day. Landefeld operates a fully automated warehouse with over 300,000 items and a user-friendly online store.

Viessmann has mastered multiple transformations throughout its 107 year history as a family company for positive change: From the transition towards renewable energies, the internationalization of its business, over digitization and generation change to the professionalization of organizational structures and the implementation of a buy and build approach.

Marc and Lars Landefeld, Managing Directors of Landefeld: “With Viessmann as our new partner, we have a leading family business at our side – jointly, we will accelerate the internationalization of our business which we have started. The partnership with Viessmann is the next logical step in the evolution and growth story of our family business. With Viessmann we both want to grow nationally and through further acquisitions."

Marc and Lars Landefeld continue: "We would like to thank BDO so much. The highly professional support from the entire BDO team, in particular the tireless efforts of Stefan Rau, who was available to us at all times and - in addition to the legal aspects - managed and steered the entire transaction excellently, helped us to close a great deal. We look forward to continuing our collaboration." 

BDO Legal’s transaction team advised the shareholders of Landefeld Druckluft und Hydraulik GmbH and Landefeld Beteiligungsgesellschaft mbH on legal, structural, strategic and tax matters.

Advisors to Landefeld:
Stefan Rau (lead, M&A/corporate law), further core team: Thorsten Schumacher (M&A/corporate law), Dr. Michael Brauer and Christian Reiter (both tax).

Extended team: Kathrin Reitner (labor law), Gregor Tylewski, Dr. Patricia Sirchich von Kis-Sira (both M&A/corporate law), Frank Metzler (Commercial, IT), Christian Reiter, Christine Pauly (both tax).