Copeland Acquires SPH Sustainable Process Heat GmbH to Enhance Sustainable Heating Solutions

"Baker McKenzie has advised Copeland, a leader in sustainable climate solutions, on its acquisition of SPH Sustainable Process Heat GmbH, a German industrial heat pump technology company. The deal is expected to close by the end of 2025, pending customary conditions. This acquisition will enhance Copeland's portfolio of energy-efficient heating solutions and strengthen its position in the market, addressing the growing demand for environmentally friendly systems. Copeland, based in St. Louis, employs 18,000 people globally and has a strong focus on reducing carbon emissions and improving energy efficiency."

**Law Firms Involved in the Transaction:** Baker McKenzie acted as the legal adviser to Copeland in the acquisition of SPH Sustainable Process Heat GmbH. **Transaction Overview:** Copeland, a global leader in sustainable climate solutions based in St. Louis, Missouri, has acquired SPH Sustainable Process Heat GmbH, an industrial heat pump technology company located in Germany. The transaction is anticipated to close by the end of 2025, pending customary closing conditions. Spirax Group, a leading steam solutions company, will maintain a minority stake in SPH under Copeland’s ownership. This acquisition allows Copeland to enhance its portfolio with innovative heating solutions and strengthens its position in energy-efficient air conditioning technology, contributing to the decarbonization of industrial processes. **Legal Team:** - **Corporate/M&A Practice:** - Dr. Florian Kästle (Partner, Frankfurt) - Daniel Dehghanian (Partner, Düsseldorf) - **Employment Practice:** - Dr. Felix Diehl (Partner, Frankfurt) - Dr. Sebastian F. Pfrang (Senior Associate, Frankfurt) - Jan Kammler (Associate, Frankfurt)

Copeland Acquires SPH Sustainable Process Heat GmbH to Enhance Sustainable Heating Solutions

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads