Agreement
Holst, Advokater assists Kineco Group on its acquisition of Semvac A/S
Holst, Advokater has advised Kineco Group, an Indian company with diversified activities across multiple industrial sectors, on its acquisition of Danish Semvac A/S.
Headquartered in Odense, Denmark, Semvac A/S designs and manufactures sanitation systems for trains and has a strong international outlook serving a number of international rail car builders and rail operators. The company has been owned by Wabtec Corporation, a US company, since 2017, but has now been acquired by the Indian Kineco Group.
Holst, Advokater’s assistance consisted of legal advice on the drafting and negotiation of transfer agreements and other agreements relating to the transaction as well as due diligence. Our team consisted of Jakob Schmidt and Victor Honoré Nielsen.