AKD advises Astorg-backed IPCOM on acquisition of Industrial Ceramic Linings

January 17, 2024

A multi-specialist AKD team led by Lennart Crain has advised IPCOM on the acquisition of Industrial Ceramic Linings. This transaction was the fifth in recent years that AKD has advised IPCOM, first backed by Alpha Private Equity and now backed by Astorg, on.

The acquisition of ICL, a leading player in providing technologically advanced solutions to heating system manufacturers in the domestic, commercial, and industrial HVAC markets, fits well in IPCOM’s Pan-European growth strategy to strengthen its High-Temperature Solutions Division.

Led by Lennart Crain, AKD’s team consisted of Jurriaan Puijpe and Jesse Algra (Corporate M&A), Remco Bosveld, Renate Punt-Huizer and Marinke Bonnier (Notaries), Ludo Luijks and Maud Plattel (Tax), Jorn de Bruin and Maikel Doting (Employment & Pensions), Nino van Deinsen (Real Estate), Niels Hagelstein and Dominic Guljé (Finance), Renée Schipper and Sophie Hendriks (IP, IT & GDPR), Robin Janssen and Maxime van Diemen (Public Law), and Philippine Beerman and Victor van Uden (Commercial Contracts).

Read the press release by IPCOM here.