31. July 2025

ARQIS has advised VR Equitypartner (VREP) on the sale of its stake in Bielefeld-based refrigeration, air conditioning and ventilation specialist Zimmer & Hälbig to VINCI Energies.

Zimmer & Hälbig will be integrated into the VINCI Energies Building Solutions network, which comprises 150 business units in Germany, thereby expanding the range of multi-technical solutions for buildings.

The transaction is still subject to approval by the German competition authorities.

Zimmer & Hälbig was founded in 1974 and employed 310 people in Germany in 2024. VREP acquired a significant minority stake in Zimmer & Hälbig in 2022 as part of a management buyout and has since supported the management in implementing its growth strategy.

VR Equitypartner, a subsidiary of DZ BANK, is one of the leading equity financiers in Germany, Austria, and Switzerland. VREP's portfolio currently comprises around 40 investments with a total investment volume of EUR 400 million.

ARQIS, headed by Dr. Lars Laeger, regularly advises VREP on M&A transactions and also assisted VREP with its entry into Zimmer & Hälbig in 2022.

Advisors to VR Equitypartner
ARQIS (Dusseldorf): Partners: Dr. Lars Laeger (Lead), Thomas Chwalek (both Corporate/M&A), Lisa-Marie Niklas (HR Law), Johannes Landry (Financing), Counsel: Benjamin Bandur (Corporate/M&A, Munich), Jens Knipping, Dennis Reisich (Munich, both Tax), Managing Associates: Tim Bresemann (Real Estate), Rolf Tichy (IP, Munich), Conrad Wiza (Corporate/M&A), Associates: Dr. Lina Alami (HR Law), Rebecca Gester (Commercial), Senior Legal Specialist: Qing Xia (Corporate/M&A), Legal Specialist: Konstantinos Strempas (Corporate/M&A), Trademark Professional: Carolin von Fritsch