The svt Group, headquartered in Seevetal near Hamburg and a portfolio company of Ergon Capital Partners III S.A., is one of the leading providers of passive fire protection products as well as industrial fire protection applications and damage restoration.<\/p>\n\n
Odice is a leading French manufacturer of products for passive fire protection with a particular focus on expansion seals and thermal insulation materials, especially for fire doors. Part of Odice is the Norwegian company Securo AS, which specializes in fire protection systems for ventilated fa\u00e7ades. Following the merger with Odice, the svt Group will grow to a total of more than 870 employees with a total annual global turnover of around EUR 200,000,000. <\/p>\n\n
The acquisition of Odice is the third add-on acquisition of the svt Group this year and the sixth add-on acquisition in the past four years. All add-on acquisitions were accompanied by Renzenbrink & Partner as the svt Group’s main legal advisor (for Germany). <\/p>\n\n
On the acquisition of Odice, Renzenbrink & Partner advised the svt group on a complex re-investment structure for the Odice sellers’ re-investment in the svt group and the introduction of a new management participation program and led the national legal advisors mandated by the svt group. The Renzenbrink & Partner team, led by Dr. Niels Maier, LL.M.<\/a>, consisted of Dr. Ulf Renzenbrink, LL.M.<\/a>(Corporate\/M&A), Marc Holger Kotyrba<\/a> (Tax), Nicole Militzer (Tax) and Martin Aisenbrey (Corporate\/M&A). <\/p>\n","protected":false},"featured_media":1324,"template":"","class_list":["post-1325","deals","type-deals","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n