The global specialist for industrially used heat exchangers, Kelvion, has drawn up a new investment and reorganisation program and is realigning itself.
In the first step, the program covers investments for German branches i.a. into innovation and production as well as structural adjustments and downsizing accross sites of up to 350 jobs until 2019. In total, 4.500 employees work for Kelvion in various sites worldwide.
Mandate’s background: Kelvion was formed by the acquisition of GEA Group’s heat exchanger division, which was made by the private equity investor Triton in 2014. act legal firm AC Tischendorf has been advising Triton and its portfolio companies for many years in the fields of employment and commercial law and brings in its well-known restructuring competencies into this mandate.