Avellum, working with global legal counsel Herbert Smith Freehills, has advised Groupe Atlantic on its acquisition of the SST Group’s electric underfloor heating and water leakage control systems business.
Groupe Atlantic is a French HVAC company with turnover exceeding EUR1.8 billion.
The SST Group is a provider of residential heating cable solutions and industrial heat tracing systems.
The Avellum team was led by Partner Yuriy Nechayev and included Associates Dmytro Symbiryov and Yulia Chelebii-Kravchenko.
The Herbert Smith Freehills Moscow-based team included Partner Alexei Roudiak, Counsel Artjom Tamaev, Associates Olga Stepanova, Sergey Kolobov, and Alexander Chuprunov, and Trainee Yulia Sobko. The firm's team also included Frankfurt-based Counsel Ruediger Hoffman and Associates Julian Gebauer and Ralf Tietz.