Hogan Lovells advises Holcim on the acquisition of ZinCo GmbH and its subsidiaries

Press releases | 07 February 2024

Led by Düsseldorf partner Jens Uhlendorf, global law firm Hogan Lovells has advised Swiss construction materials group Holcim, a global leader in innovative and sustainable building solutions, on the acquisition of leading green roofing systems provider ZinCo GmbH and its subsidiaries in Spain, the UK and the US from its shareholders.

Based near Stuttgart, Germany, ZinCo offers green roofing systems as well as integrated green and solar roofing solutions across Europe, Asia and the Americas. ZinCo’s roofing expertise, from urban farming to stormwater management and biodiversity, is highly complementary to Holcim’s existing roofing business and its overall mission to lead the transition to sustainable building. With this acquisition, Holcim is advancing its goal of expanding its Solutions & Products business to 30% of Group net sales by 2025.

Hogan Lovells advised Holcim with a cross-border team on all legal aspects of the acquisition, including the transaction structuring, the due diligence in Germany, Spain, the UK and the US, and the negotiation of the share purchase agreement and ancillary agreements. For the Swiss legal aspects of the due diligence Hogan Lovells teamed with Swiss leading law firm Walder Wyss.

Hogan Lovells team for Holcim

Germany

Jens Uhlendorf (Partner), Sophie Ulrich, Dr Sabine Ernst (Counsel) (Corporate/M&A, Dusseldorf);

Dr Heiko Gemmel (Partner), Nico Neukam (Counsel) (Tax, Dusseldorf);

Dr Marcus Schreibauer (Partner), Sarah-Lena Kreutzmann (Counsel), Dr Michael Thiesen (Senior Associate) (Intellectual Property, Media, and Technology, Dusseldorf);

Golo Edel (Counsel) (Strategic Operations, Agreements and Regulation (SOAR), Dusseldorf);

Sabine Reimann (Partner), Sarah Plassmann (Associate) (Real Estate, Dusseldorf);

Dr Katlen Blöcker (Partner), Dr Antonia Wolf (Counsel), Christian Knoth (Associate) (Banking, Frankfurt);

Dr Tim Joppich (Partner), Annika Weber (Senior Associate), Dr Jana Lind (Associate) (Employment, Dusseldorf);

Bernd Klemm (Partner) Dr Thomas Frank (Senior Associate) (Pensions, Munich);

Spain

Alex Dolmans (Partner), Hugo Muñoz (Senior Associate), Eugenia Álvarez-Pedrosa (Junior Associate) (Corporate/ M&A, Madrid);

Laura Cerezo (Associate) (Employment, Madrid);

UK

John Livesey (Partner), Ilya Skalkov (Senior Associate), Gilbert Hwani, Ekaterina Nuzhdova (Associates) (Corporate/ M&A, Private Equity Transactions, London);

USA

Adrienne Ellman (Partner) (Corporate/ M&A, New York, Boston);

Belgium

Dr Fak Schöning (Partner), Stefan Kirwitzke (Senior Associate) (Antitrust, Competition and Economic Regulation, Brussels, Berlin);

Alp Ozturk (Associate) (International Trade and Investment, Brussels).