Author: markenmut

On December 20, 2013 WILO SE completed the acquisition of all shares in GEP Industrie-Systeme GmbH, Zwönitz.

GEP Industrie-Systeme GmbH specializes in potable and process water systems as well as for fire fighting systems.

With its 7,000 employees WILO SE generated revenues of 1.2 billion Euro in 2012 and is a globally leading manufacturer of pumps and pump systems for heating, ventilation and air conditioning, water supply and waste water disposal.

By acquiring GEP Industrie-Systeme GmbH WILO SE extends its existing market proposition in the field of applications for water supply systems in the domestic and international markets. „Priorities are set on German speaking countries in order to meet increasing requirements and authorization regulations, in particular in the field of fire fighting systems, and to offer full service solutions for our customers.“, explains Carsten Krumm, Senior Vice President WILO SE.

The financial and tax due diligence team of I-ADVISE team led by WP/StB Frank Sichau supported WILO SE in the due diligence phase and in purchase contract negotiations.

I-ADVISE AG specializes in transaction advisory and valuation services. I-ADVISE AG is part of an international network of consulting firms, which, if necessary, can complement the project teams in cross border transactions and valuation projects.

Sascha has a master’s degree in business administration (Diplom-Kaufmann) and has been appointed as a tax consultant in 2012. He contributes 5 years of professional experience and extensive expertise in the areas of accounting and auditing (HGB, IFRS, US-GAAP) to our Transaction Services teams. Before joining I-ADVISE, Sascha has been working as a manager in the audit of Deloitte.

„We are delighted to welcome Sascha in our team. His professional and personal competence perfectly complements the I-ADVISE team in Düsseldorf.“ Axel Schwarzrock, Partner, continues: „ We win a competent and experienced contact for our consulting services which are experiencing continued growth.“

I-ADVISE is specialised in transaction advisory and valuation services and is internationally linked in a network of advisory companies, which are also focussed on cross-border company transactions. For further information please visit www.i-advise.de.

This study on valuations required by law provides an overview of valuation methods and parameters that have been applied for the calculation of compensations for squeeze outs, domination and profit and loss transfer agreements and merger ratios. Thus revealing trends, apparent consensus or disagreement in German valuation practice. We have analysed company boards´ reports on valuations and the audit reports for these purposes with valuation dates between 2010 and 2012/13.

Please click to view our valuation study.

I-ADVISE AG invites to the seminar “Establishing and Expanding Your Business Presence in India” in Düsseldorf‘s Wirtschaftsclub

India, as one of the fastest growing economies worldwide, has been on the investment radar of most multinational companies. Many German companies have already set up their presence in India by way of a representative office or a subsidiary with limited operations. Establishing and developing business in the emerging but demanding market environment of India will be the subject of the seminar “Establishing and Expanding Your Business Presence in India”.

In order to get a practical understanding of what really matters in establishing and expanding business in India, I-ADVISE invited Mr. Manoj Gidwani from their network partner SKP Group, Mumbai. SKP is an Indian consulting firm specialised in crossborder consulting. “Mr. Gidwani will address India’s macroeconomic and regulatory scenario, investment climate, typical business models, success stories of German businesses and certain “dos & dont’s” in the country’s specific market” says Frank Berg, Partner I-ADVISE. He further notes: “There will also be the opportunity to hear about the speaker’s practical experiences and get useful tips.”

Interested parties should register early because the number of participants is limited to ensure the opportunity to address questions individually.

I-ADVISE AG specialises in transaction advisory and valuation services. Because of our international network, we’re able to support our clients in cross-border transactions in various countries. Please click here for further information.