Shearman & Sterling advised on the structuring of the acquisition of Dantherm Holding A/S (Dantherm), the top holding of Dantherm group, a leading European provider of heating, cooling, drying, ventilation and air cleaning technology.
Dantherm headquartered in Skive (Denmark) operates three main production facilities in Denmark, Italy and the UK and employs around 600 people. At 30 per cent, the DACH region (Germany, Austria and Switzerland) accounts for the majority of sales. A further 20 per cent is generated in the Scandinavian countries. Dantherm’s products are distributed in over 50 countries worldwide. Dantherm group was acquired by funds advised by Deutsche Beteiligungs AG from the Swedish private equity fund Procuritas.