12 Dec 2025

Raue Advises Iqony Fernwärme on Acquisition of Uniper Wärme

"Raue, together with Hengeler Mueller (lead on corporate/M&A) and CMS (employment), advised Iqony Fernwärme GmbH — part of the Steag Iqony Group (portfolio company of Asterion Industrial Partners) — on its agreement to acquire Uniper Wärme GmbH from Uniper SE. The sale, required for Uniper’s compliance with EU state aid rules, is subject to customary closing conditions."

Raue, together with Hengeler Mueller and CMS, advised Iqony Fernwärme GmbH, part of the Steag Iqony Group (a portfolio company of Asterion Industrial Partners), in connection with the agreement to acquire Uniper Wärme GmbH from Uniper SE. Iqony Fernwärme GmbH has signed an agreement to acquire Uniper Wärme GmbH from Uniper SE. The transaction is described as an important strategic step that further strengthens the Steag Iqony Group’s position as a leading provider of climate-friendly heating in Germany. For Uniper, the sale is a condition of compliance with EU state aid rules. The transaction is subject to customary closing conditions. Raue represented Iqony Fernwärme GmbH with a team composed by: Christian von Hammer­stein, Roberta Isermeyer, Dr. Wolfram Hertel, Dr. Arne Dittloff, Helena Schutte, Dr. Charlotte Heppner, Dr. Bernd Beckmann, Dr. Peter Roegele, Dr. Fabian Klein, Catharina Hammerschmidt. Hengeler Mueller represented Iqony Fernwärme GmbH as lead on corporate/M&A. CMS represented Iqony Fernwärme GmbH on employment law.
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