NEWS (October 22, 2010)

Schoenherr advised Danfoss Group

Schoenherr acted as legal advisor to Danfoss Group (Denmark) in obtaining the merger clearance from the Antimonopoly Committee of Ukraine in connection with the sale of its household compressor business Danfoss Household Compressors to Aurelius Commercial Beteiligungs GmbH, a Germany-based industrial company.

Danfoss Household Compressors develops and produces compressors for refrigerators, freezers and light commercial applications. The transaction comprises all Danfoss Household Compressors business activities in Germany, China, Slovenia and Slovakia. The project team was led by Kiev partner Pavel Grushko with the help of attorney at law Liudmyla Gorodnycha.

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