Taurus Advisory advises the shareholder of Waldhauser GmbH & Co. Wärmetechnik KG (‘Waldhauser’) on the sale of its shares in the company to Viessmann Climate Solutions SE (‘VCS’)
Waldhauser, based in Grünwald near Munich, was founded in 1959 by Hans Waldhauser and is now managed by Georg Waldhauser in the 2nd generation. The Waldhauser family has been a well-known family business in Grünwald since 1885 and is now in its 4th generation and can look back on a long tradition of craftsmanship. The company specialises in heating systems, oil, gas, pellet and district heating, intelligent home control, electricity and heat generation, drinking water vitalisation and limescale protection. With this transaction, the buyer is strengthening its position in the service and maintenance business of the HVAC trade. The Taurus Advisory team (David B. Kauter & Manuel Konigorski) structured the entire transaction process in close consultation with the shareholder.
"With its strong presence in the field of air conditioning solutions, VCS was the perfect buyer for our client. The sale to VCS has also provided Waldhauser's employees with a sustainable group of companies with long-term prospects," says David B. Kauter, Managing Director at Taurus Advisory.
By selling his shares in the company, the shareholder is initiating a succession solution for his family's life's work. He will remain active in the company in order to drive it forward strategically together with the buyer.
