Norton Rose Fulbright has advised Equistone Partners Europe Fund V managed by Equistone Partners on the management buy-out of the prefabricated housing group consisting of Bien-Zenker and Hanse Haus. This is the first investment of Equistone Partners in the prefabricated houses industry. The transaction is subject to approval by the German and Austrian antitrust authorities.

With over 1,000 employees in Germany, Austria, Switzerland and the UK, the Bien-Zenker / Hanse Haus Group generates annual sales of around €300 million. The company focuses on the development, production and sale of prefabricated houses and is one of the leading suppliers in the field of prefabricated houses in the European market.

The Norton Rose Fulbright team was led by Frankfurt partner Holger Scheer and of counsel Christoph Breithaupt, with assistance from Jana Kalbfleisch, Solmaz Sedighi Rad (both corporate / M&A / private equity), Manuel Merling (IP), Tobias Block and Gabriele Bruchmann (both real estate), Frank Weberndörfer, Christoph Valentin (both labour & employment), Felix Dinger (environmental & public law) as well as Munich of counsel Frank Bayer (tax).

Norton Rose Fulbright's M&A and private equity advisory team has repeatedly advised Equistone Partners on key transactional legal and structural issues, as well as transaction management.