WTS advises on the acquisition of Franke Water Systems

Key Facts

WTS assisted with tax due diligence, tax advice on the share purchase agreement and the structuring of the deal as well as with transfer pricing issues.

The international tax consulting firm WTS has advised "funds advised by Equistone" on the acquisition of Franke Water Systems AG with its two business units "Water Systems (WS) Commercial Group" and "KWC Group". The company is an international manufacturer of intelligent sanitary solutions for residential bathrooms, residential kitchens and commercial washrooms. The seller is the Swiss Franke Group, headquartered in Aarburg. The transaction is subject to approval by the competent merger control authorities.

In the context of the transaction, WTS assisted with tax due diligence, tax advice on the share purchase agreement and the structuring of the deal as well as with transfer pricing issues. The Swiss law firm Bär & Karrer acted as lead counsel.

Tax advisors WTS Germany

Tax Due Diligence, Structuring, SPA: Roland Holz (Düsseldorf, Partner), Axel Wagner (Frankfurt), Jens Hartmann (Frankfurt), Jashar Uzeirovski (Frankfurt)

Transfer pricing: Andreas Riedl (Frankfurt, Partner), Christopher Wutschke (Frankfurt), Jakob Jung (Frankfurt)

Further tax advisors from the WTS Global network

WTS China, FTI (UK), Dhruva Advisors (Saudi Arabia)

Main Contact

Axel Wagner

Director

Frankfurt

E-Mail

View Profile

Main Contact

Florian Kestler

Head of Communications

Munich

E-Mail

View Profile

Articles you might be interested in

Due to the disagreement on a Europe-wide digital tax, about half of all European OECD countries have either announced, proposed, or implemented a digital services tax.

Taxation of the Digital Economy in Europe

Germany is narrowing the application of the tour operator margin scheme by partially excluding companies from outside of the EU.

Germany: TOMS no longer applicable for all non-EU companies as of 2021

In Germany, a new fact has been introduced that has led to an obligation for non-residents to file a German income tax return. In the majority of cases, this will cause a considerable additional tax burden in addition to the additional effort of submitting the declaration. It applies as of the 2020 German tax return filing season which should start in 2021.

New tax return filing obligation for non-residents in Germany

WTS Services

Service

Mergers & Acquisitions Tax

Service

Transfer Pricing

Contact us today

Do you have any questions about our services or WTS? Please let us know. Please fill in our short contact form. We will get in touch with you as soon as possible.

Contact