Go to deals
Energy

BHKW Pfaffenhofen GmbH has been acquired by Danpower GmbH

CERASUS Handels- und Beteiligungs GmbH (CERASUS) has sold Biomasse Heizkraftwerk Paffenhofen GmbH (BHKW Pfaffenhofen) to Danpower GmbH for US$10 million.

BHKW Pfaffenhofen is engaged in the production of electricity and heat based on biomass. The company operates a 22 km heat distribution network.

The Danpower Group is a medium-sized heat supplier and contracting company based in Potsdam. Danpower is active in Germany and in the Baltic states. The majority interest of 84.9 % is owned by Stadtwerke Hannover AG. The company supplies customers with heat, electricity and cooling in the commerce as well as the housing industry.

CERASUS, founded in 2011 and based in Austria, is a holding company investing in domestic and foreign enterprises.

Oaklins team in Vienna advised the seller in this transaction. Prior to this, the team was mandated in 2012 by Hypo Alpe-Adria-Bank International AG to perform an independent business review for refinancing purposes of the target. Based on the outcome, our team was mandated to make an operative and financial restructuring and was asked to take over a trustee function for an envisaged sell-side process. After an insolvency plan process, the transaction was closed in April 2014.

Service
M&A sell-side
Parties

Talk to the deal team

 Thomas  Regitschnig

Thomas Regitschnig

Partner
Vienna, Austria
Oaklins Austria

Related deals

Copenhagen Atomics concludes its 2022 funding round
Energy

Copenhagen Atomics concludes its 2022 funding round

Copenhagen Atomics has raised US$21.6 million to accelerate the development of thorium molten salt reactors.

Learn more
Wikipower has been acquired by DPG Media
Consumer & Retail | Energy | TMT

Wikipower has been acquired by DPG Media

The private shareholders of Wikipower have sold the company to DPG Media.

Learn more
Solarpark Klatzow II has been acquired by Obton A/S
Energy

Solarpark Klatzow II has been acquired by Obton A/S

Unigea Solar Projects GmbH has sold Solarpark Klatzow II to Obton A/S.

Learn more