International legal practice Osborne Clarke has advised ICS Group Holdings Limited (ICS Cool Energy) on its sale to Ingersoll Rand plc, a world leader in creating comfortable, sustainable and efficient environments.
Following its acquisition, ICS Cool Energy will be part of Ingersoll Rand’s Commercial Heating, Ventilation and Air Conditioning (HVAC) business.
ICS Cool Energy, which is headquartered in Southampton, England and has an extensive footprint in the United Kingdom, France, Germany, the Netherlands and Switzerland. It is a privately owned temperature control and HVAC solutions and services company that specialises in temporary rental of energy efficient chillers for commercial and industrial buildings across Europe. It also sells, permanently installs and services high performance temperature control systems for all types of industrial processes.
An international team of Osborne Clarke experts advised the shareholders of ICS Group on the matter. The team was led by Greg Leyshon who was assisted by Caroline Drummond, Louise Stuart-Buddery, Marc Shrimpling, Daniel Barnhouse, William Devenish and David Nisbet. Sebastian Hack supported from Germany and Cristine Brinkman, Cars-Jan van Gool, Peter van der Horst, Kirsten Backhausen and Guusje Cornelissen in the Netherlands.
Osborne Clarke’s international corporate team is well-known for its standout advice to blue-chip clients. The team works closely with Osborne Clarke’s specialists in its energy team as well its other key sectors including tech, media and comms, financial services/fintech, real estate and retail/consumer advising at every stage of company development across corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.