Global law firm Clifford Chance has advised Enstall, a global leader in rooftop solar mounting solutions, on the acquisition of Schletter Group (“Schletter”), a Germany-based provider of solar mounting systems. Schletter’s current shareholders, Avenue Capital Group and Robus Capital will become minority shareholders in Enstall to support the company’s long-term strategic ambitions, working in close partnership with existing shareholders Blackstone and Rivean Capital.
The transaction will strengthen Enstall’s footprint in Germany and Central Europe, and establish Enstall as the one-stop-shop global solar mounting powerhouse, with a product portfolio covering both rooftop and ground-mount segments.
The transaction is expected to close in the second half of 2024 or early 2025, subject to customary closing conditions, including regulatory approvals. Read more about the transaction here and here.
The Clifford Chance team was led by Stephanie Horowitz and further consisted of Ruben van Diepen, Dolyne Munyampeta (Corporate M&A), Sabrina Spoor (Notarial), Andrei Mikes, Tamlin Higgins, Laura Bredschneijder (Tech//Digital), Folko de Vries, Sarah van Eijk (Global Financial Markets), Jurre Jurriëns, Fiorri Michael (Antitrust), Michiel Sunderman, Stern Flik, Robin Houtveen and Alec Sanderson (Tax), with support from Frankfurt and Shanghai offices.
