Hengeler Mueller advises Lhoist on acquisition of majority shareholding in Walhalla Kalk GmbH & Co.KG and Kalkwerk Istein from HeidelbergCement
The Belgian Lhoist Group has completed the acquisition of the majority shareholding in Walhalla Kalk GmbH & Co. KG from HeidelbergCement. HeidelbergCement has so far been operating two lime plants in Germany – the Walhalla Kalkwerk in Regensburg and Kalkwerk Istein near Basel. The latter was already acquired by Lhoist on 1 July 2015. The Belgian family business is one of the largest producers of lime products and employs around 6,000 employees at 90 locations in 25 countries. Hengeler Mueller advised Lhoist on the transaction.