ALTERNATIVE FINANCING FORMS
FOR ENTREPRENEURS AND INVESTORS
News
Photo: Stefan Münch, Partner at Bird & Bird in Munich (Photo © twobirds.com)

Caverion takes over S&A Schaltanlagenbau & Kees Klima-/ Kältetechnik

Photo: Stefan Münch, Part­ner at Bird & Bird in Munich (Photo © twobirds.com)
3. June 2026

Munich — The inter­na­tio­nal law firm Bird & Bird has advi­sed Caver­ion Deutsch­land GmbH on two acqui­si­ti­ons: On the acqui­si­tion of S&A Schalt­an­la­gen­bau GmbH, based in Garb­sen, which was comple­ted on March 31, 2026, and also on the acqui­si­tion of Kees Klima- und Kälte­tech­nik GmbH, based in northwes­tern Germany. With these acqui­si­ti­ons, Caver­ion is conti­nuing its stra­tegy of inor­ga­nic growth and streng­thening its market posi­tion in the areas of buil­ding auto­ma­tion, venti­la­tion and air condi­tio­ning technology. 

Caver­ion stands for “Buil­ding Perfor­mance” and offers tech­ni­cal buil­ding services across all trades. The company provi­des tech­ni­cal solu­ti­ons to conti­nuously improve the perfor­mance of proper­ties — for opti­mal working and living condi­ti­ons, low energy consump­tion and CO₂ emis­si­ons as well as relia­ble opera­tion. Caver­ion opera­tes at 18 loca­ti­ons and employs more than 2,000 people throug­hout Germany. The company is part of the Assem­blin Caver­ion Group, a leading Nort­hern Euro­pean provi­der of tech­ni­cal buil­ding services with around 20,000 employees in nine count­ries and a turno­ver of 3.8 billion euros. 

S&A Schalt­an­la­gen­bau specia­li­zes in auto­ma­tion tech­no­logy and switch cabi­net cons­truc­tion and offers turn­key solu­ti­ons for indus­trial compa­nies, commer­cial proper­ties and public faci­li­ties. Based in the Hano­ver region, the company gene­ra­ted annual sales of around 6 million euros in 2025 and employs 45 people. The S&A Schalt­an­la­gen­bau brand will be retai­ned and the company will conti­nue to operate as an inde­pen­dent branch within the Caver­ion North-West region. The former co-owner Ingo Ahrbe­cker will conti­nue to manage the opera­tio­nal busi­ness as Mana­ging Direc­tor of the GmbH. 

Kees Klima- und Kälte­tech­nik is an estab­lished company that specia­li­zes in venti­la­tion, cooling, process, measu­re­ment and auto­ma­tion tech­no­logy and offers solu­ti­ons for custo­mers in north-west Germany. The company has a parti­cu­larly strong presence in the indus­trial sector. In 2025, Kees achie­ved an annual turno­ver of around 6.1 million euros and employs around 40 people. Ulf Nickel and Jörg Ruhlän­der will remain Mana­ging Direc­tors of Kees after the takeover. 

Advi­sor Caver­ion: Bird & Bird

Part­ner Stefan Münch, Senior Coun­sel Michael Gaßner (lead) (both Corpo­rate, Munich), Part­ner Dr. Ralph Panzer, Coun­sel Dr. Maxi­mi­lian Koch and Senior Asso­ciate Chris­toph Lutz (all Employ­ment Law, Munich) and Asso­ciate Leonie Blei­le­vens (Employ­ment Law, Düsseldorf).

On the in-house side, the project was led by Dr. Eva Bujalka, Gene­ral Counsel/Head of M&A.

Subscribe newsletter

Here you can read about the latest transactions, IPOs, private equity deals and venture capital investments, who has raised a new fund, how Buy & Build activities are going.

Get in touch

Contact us!
fyb [at] fyb.de