Flick Gocke Schaumburg advises EVN Energieservices on acquisition of BayWa Mobility Charging
Flick Gocke Schaumburg has advised EVN Energieservices GmbH on the acquisition of all shares in BayWa Mobility Charging GmbH (“BMC”). The seller is BayWa Mobility Solutions GmbH.
With the acquisition of BMC, which operates in Germany, EVN AG is entering the German market for fast-charging infrastructure for the first time.
Dr Michael Grimm (lead, Corporate/M&A), Dr Alexander Heinen (Corporate/M&A and Real Estate), Dr Sandy Siegfanz-Strauß (Employment Law), Prof. Dr Christian Brünkmans (Restructuring Law), Dr Tobias Schwan (Tax Law); associates: Dr Valentin Urban (Competition law), Michael Warflinger (Corporate/M&A)
Flick Gocke Schaumburg provided comprehensive legal support for the transaction (in particular in the areas of corporate law and tax law, as well as real estate, employment and competition law), from the bidding process and legal due diligence through to the drafting, negotiation and execution of the transaction agreements.
EVN Energieservices GmbH is a subsidiary of the listed company EVN AG, with its registered office in Lower Austria. The internationally active group operates in the sectors of energy supply, grid infrastructure and environmental services, and already operates charging infrastructure in Austria.
BMC currently operates a total of 170 public HPC charging points at 30 locations in Germany, with charging capacities of up to 400 kW. By 2027, the portfolio is set to comprise 54 locations with a total of 306 HPC charging points. The network is geographically concentrated in Bavaria. Further locations are situated in Baden-Württemberg and North Rhine-Westphalia. <<<
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