Taylor Wessing advises Heizkurier in connection with the financing of the acquisition of pellet pioneer Suter Group

Heizkurier Group, a portfolio company of NORD Holding, is expanding its group portfolio with the Swiss Suter Group and is thus positioning itself as the market leader for equipment-as-a-service for mobile heating solutions in the DACH region.

Suter Group is a pioneer in the field of green pellet technology and rents efficient and environmentally friendly hot air and hot water systems to its customers as a one-stop shop. The joint group aims at further internationalisation as well as the expansion of the mobile cooling business.

The facilities for the financing of the acquisition were arranged by Deutsche Bank. The facilities agreement comprises facilities for the acquisition as well as facilities for working capital purposes and for further organic and anorganic growth. Heizkurier was advised by international law firm Taylor Wessing under the lead of Frankfurt Finance Partner Ulf Gosejacob.
 
About Heizkurier
Since 2007, Heizkurier has established itself as a leading rental and sales provider of mobile heating and cooling solutions. A special field of application is the bridging of heating during the energetic renovation of buildings, where Heizkurier can make a significant contribution to saving CO2 emissions in the building sector with their solutions. Other important areas of application include construction heating and screed drying, bridging of emergencies, expansion and maintenance of district heating networks, industrial applications and events. 

About Suter
Suter Group, headquartered in Lupfig, Switzerland, is a family-owned company active in the business areas of mobile heaters and dehumidification. The company is a pioneer in the field of pellet technology and rents efficient and environmentally friendly hot air and hot water systems to its customers as a one-stop shop.

About NORD Holding
With over 50 years of history and assets under management of € 3.0 billion, NORD Holding is one of the leading private equity asset management companies in Germany. The focus is on the business areas of direct investments and fund of funds investments.
On the part of NORD Holding, the transaction was implemented by Philipp von Mitzlaff, Maximilian Frey, Marcel Rosengarten and Nicolas Eidenmüller.

Legal advisors Heizkurier Group
Taylor Wessing Germany: Lead Partner Ulf Gosejacob (Partner), Dr. Michael Beyer (Salary Partner), Paul David Kahl, Jonas Hornung (Associates) all Banking & Finance, Rudi Hasenberg (Salary Partner), Hai Nam Nguyen (Associate), both Tax, all Frankfurt

Taylor Wessing Austria: Claudia Steegmüller (Partner), Carmen Redmann-Wippel (Counsel) and Cezary Dominik Kinski (Associate) all Banking & Finance, Vienna.