Roca Sanitario, S.A. signed a definitive agreement to acquire Sanitärtechnik Eisenberg GmbH from Aliaxis SA (ENXTBR:094124352) on June 7, 2021. Aliaxis will continue to operate Sanitärtechnik Eisenberg GmbH until completion of the transaction. For the year ended on December 31, 2020, Sanitärtechnik Eisenberg reported revenues of 75 million. The transaction is subject to the approval from the German and Polish competition courts. Transaction is expected to close in Q3 2021. Stefan Widder, Tobias Klass, Tobias Leder and Susan Kempe-Mueller of Latham & Watkins LLP acted as legal advisors to Aliaxis SA. Alantra acted as financial advisor to Roca Sanitario, S.A. Nicolaus Ascherfeld, Udo Olgemöller, Michael Ehret, Jens Matthes, Jan Schröder, Christian Hilmes, Marie-Luise von Buchwaldt, René Galle, Sören Seidel, Peter Wehner, Esther Schmidt-Naumann, Achim Schmid and Oliver Ahnseel of Allen & Overy LLP acted as legal advisors to Roca Sanitario, S.A.
Roca Sanitario, S.A. completed the acquisition of Sanitärtechnik Eisenberg GmbH from Aliaxis SA (ENXTBR:094124352) on August 4, 2021.