Ensuring an orderly business succession remains a central challenge for small and medium-sized companies. In many cases, it is not possible or strategically sensible to pass on a family business to the next generation. This is the situation the managing director and sole shareholder of Thomas Fritz GmbH was facing, who ultimately decided to hand over his company to competent hands. 

AQUA Group GmbH, a company specialising in damage restoration services, will take over the business operations of Thomas Fritz GmbH. AQUA Group GmbH employs approx. 650 people at 46 business locations. With this acquisition, the company will be expanding its service portfolio, safeguarding jobs and ensuring continuity of service for the customers.

“The acquisition of Thomas Fritz GmbH by AQUA Group GmbH means that the company has been successfully placed in competent hands thus ensuring its continued existence,” states BBH partner and lawyer Wolfram von Blumenthal, who accompanied the transaction for the seller. The BBH group provided comprehensive advice and assistance to the seller throughout the transaction – from contract negotiations to the successful closing of the acquisition in February 2026.

With more than 1,000 employees, 7,000 clients and 7 offices, the BBH group is a leading provider of advisory services to energy and infrastructure companies and their customers. Energy and supply companies, particularly public utilities, municipalities and local authorities, industrial companies and international groups are among its core clients. The BBH group assists these and many other companies and organisations with legal, business and strategic advice.

Contact:
Prof. Dr. Ines Zenke
Rechtsanwältin/Lawyer, Partner
Phone +49 (0)30 611 28 40-179
ines.zenke@bbh-online.de

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