"Trane Technologies Makes Strategic Investment in European Building Automation Leader Kieback&Peter"

Baker McKenzie advised Trane Technologies, a global publicly traded company specializing in innovative air conditioning technology, on its strategic investment in Kieback&Peter Group (K&P), a European market leader in building automation software and solutions based in Berlin. The transaction involves Trane Technologies acquiring a 49% minority stake in K&P, with an option to acquire full ownership after three years. The agreement also includes a commercialization arrangement, enabling both companies to collaborate and market their complementary solutions to each other’s customers. The transaction is expected to close in the coming months, subject to regulatory approvals. The Baker McKenzie team advising Trane Technologies included: **Corporate/M&A**: - Dr. Florian Kästle (partner, Frankfurt) - Dr. Peter Wand (partner, Frankfurt) - Denise Tayler (senior associate, Frankfurt) - Dominic Böschen (associate, Frankfurt) **Real Estate**: - Dr. Niklas Wielandt (partner, Frankfurt) **Commercial & Trade**: - Katharina Spenner (partner, Munich) - Joachim Fröhlich (counsel, Munich) - Dr. Maximilian Voll (counsel, Berlin) **Employment**: - Dr. Felix Diehl (partner, Frankfurt) - Dr. Sebastian F. Pfrang (senior associate, Frankfurt) - Jan Kammler (associate, Frankfurt) - Annika Kißener (associate, Frankfurt) **Intellectual Property (IP)**: - Dr. Markus Hecht (counsel, Frankfurt) **Information Technology (IT)**: - Dr. Michaela Nebel (partner, Frankfurt) **Public Law**: - Dr. Alexander Ehrle (senior associate, Berlin) Additionally, over 100 lawyers from Baker McKenzie offices in Amsterdam, Brussels, Casablanca, Cairo, Madrid, Milan, Paris, Rome, Shanghai, Vienna, and Zurich provided support for the transaction.

"Trane Technologies Makes Strategic Investment in European Building Automation Leader Kieback&Peter"

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