Bird&Bird advises Siloco on acquisition of NOVOCONT and NOVORENT

Munich/ Bad Sobern­heim — Siloco GmbH & Co KG has acqui­red NOVOCONT System­bau GmbH and NOVORENT GmbH & Co KG. Siloco was compre­hen­si­vely advi­sed on this tran­sac­tion by the inter­na­tio­nal law firm Bird & Bird.
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Siloco GmbH & Co. KG is a tradi­tio­nal family busi­ness from Hamburg, which has been active as a trading and service company for the cons­truc­tion indus­try for over 100 years. The company has grown steadily since 1919 and offers a wide range of cons­truc­tion site equipment. 

NOVOCONT System­bau GmbH and NOVORENT GmbH & Co. KG are compa­nies in Bad Sobern­heim that specia­lize in the plan­ning, produc­tion, main­ten­ance, sale and rental of system buil­dings and their turn­key assem­bly. With their Europe-wide network of part­ners, they are able to respond to all requi­re­ments indi­vi­du­ally, quickly and without compro­mi­sing on quality. The compa­nies have estab­lished them­sel­ves as inno­va­tive provi­ders of modu­lar cons­truc­tion solu­ti­ons and have many years of experience. 

With this stra­te­gic acqui­si­tion, Siloco GmbH & Co. KG is expan­ding its port­fo­lio to include highly specia­li­zed system cons­truc­tions and streng­thening its posi­tion as a full-service provi­der for the cons­truc­tion indus­try. The acqui­si­tion of NOVOCONT System­bau GmbH and NOVORENT GmbH & Co. KG enables Siloco GmbH & Co. KG to signi­fi­cantly expand its plan­ning exper­tise and to utilize the Europe-wide part­ner network as well as the long-term expe­ri­ence in the turn­key assem­bly of system buil­dings in various indus­tries of the acqui­red compa­nies. Siloco GmbH & Co. KG would like to invest jointly in the further deve­lo­p­ment of the companies. 

Advi­sor Siloco GmbH & Co KG: Bird & Bird 

Part­ner Dr. Sandra Schuh, LL.M. (photo, lead), Coun­sel Dr. Ole Brühl, and Asso­ciate Michelle Pohl (all Corporate/M&A), Part­ner Dr. Barbara Geck, Senior Asso­ciate Carina Wirtz and Asso­ciate Henry Nico­lai (all Employ­ment Law) and Senior Coun­sel Elie Kauf­man, LL.M., Asso­cia­tes Amelia Weber and Nirary Gorges (all Real Estate), Part­ner Dr. Michael Jüne­mann and Senior Asso­ciate Timo Förs­ter (both Finan­cing & Finan­cial Regu­la­tion), Coun­sel Michael Brüg­ge­mann (Tax), all Frankfurt.

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