Latham & Watkins Advises Triton on Sale of FläktGroup to Samsung Electronics

Latham & Watkins LLP has advised investment funds advised by Triton on the sale of FläktGroup to Samsung Electronics. The enterprise value was €1.8 billion and the equity value €1.5 billion. FläktGroup is a European market leader in energy-efficient ventilation and precision-cooling solutions.

The transaction is subject to customary regulatory approvals and closing conditions and is expected to close within 2025.

Latham & Watkins regularly advises funds advised by Triton on transactions, including RENK’s listing on the Frankfurt Stock Exchange.

The Latham team was led by Frankfurt private equity partners Oliver Felsenstein and Leif U. Schrader, with associates Sönke Bock, Dennis Amiri, Manuel Schmutzler, Christopher Maier, and Sonja Hensch. Advice was also provided on tax matters by Munich partner Stefan Süß, with counsel Daniel Hiemer; on antitrust matters by Frankfurt partner Max Hauser, with counsel Nils Bremer; on employment matters by Munich partner Kristina Hufnagel; on IP matters by Frankfurt partner Susan Kempe-Müller; on real estate matters by Frankfurt counsel Sven Nickel, with associate Marie-Christine Welp; on finance matters by associate Johanna Wörle; on regulatory matters by Frankfurt counsel Joachim Grittmann, with Maxim Glusdak; on data privacy matters by associates Thies Schmitte and Judith Sikora; and on compliance matters by Hamburg counsel Stefan Bartz.