Clearwater International acted as sole financial adviser to GELSENWASSER AG on the acquisition of Stadtwerke Oranienburg GmbH and Technische Werke Delitzsch GmbH from H/H-Stadtwerkefonds KGaA.
GELSENWASSER is an internationally active service supplier for water, wastewater and energy, with subsidiaries and investment companies in Germany, as well as in neighbouring European countries.
Stadtwerke Oranienburg GmbH is a supplier of public utilities including electricity, gas, community heating, drinking water and waste water disposal.
Technische Werke Delitzsch GmbH is a local supplier of electricity, community heating and natural gas.
H/H-Stadtwerkefonds KGaA is a Luxembourg based investment fund of Landesbank Hessen-Thüringen Girozentrale and HSH Nordbank AG.
Clearwater International, led by partner Dierk Rottmann, advised GELSENWASSER.