Oracle Solicitors advises a German assets acquisition by a Chinese purchaser
Our client is a company listed in Shanghai Stock Exchange, one of the biggest intelligent power distribution solution providers as well as manufacturer of smart meters, transformers, box-type substations, E-Car charger and photovoltaic inverters.
The Group’s total revenue in 2022 was USD 1.3 billion generated by its business activities in more than 70 countries and regions, among them four manufacturing bases located in China, Brazil, Indonesia and Poland.
Our client is focusing on the assets of an widely known digital meter manufacturer established and based in Germany. The assets provide our client with an ideal foundation and platform for its rapid business growth in EU market; and the target assets are also reactivated by finance, technology and marketing support of new investors. In addition, more than 50 employees of the target had kept their jobs by successful closing of the deal.
The China Business Department of Oracle Solicitors based in Frankfurt led advice throughout the deal, including legal due diligence, SPV purchase, APA review and negotiation, closing conditions, closing and post-closing actions.
We would like to congratulate our client for this successful deal and are looking forward to further cooperation and providing more legal advice and services to support its business development in EU market.
If you are looking for M&A advice or have questions regarding energy related business practices, please get in touch with our China Business Department and Corporate Energy Team headed by Ning Zhou.
-
Taunusanlage 8
60329 Frankfurt
Germany
- (+49) 69 9675 8891
Book an appointment
Fill out our form and one of our experts will get in touch with you.
Share this article
Got a question?
Please complete this form to send an enquiry. Your message will sent to a member of our team.
Related posts
Oracle Solicitors advises a German assets acquisition by a Chinese purchaser
Our client is a company listed in Shanghai Stock Exchange, one of the biggest intelligent power distribution solution providers as well as manufacturer of smart meters, transformers, box-type substations, E-Car charger and photovoltaic inverters.
Risk minimisation for internal market distortions: Mandatory declaration obligations under the Foreign Subsidies Regulation (FSR)
The Foreign Subsidies Regulation (FSR) requires companies receiving government subsidies from non-European Union (EU) member states to make prior declarations when participating in
Responsibility on the Online Marketplace: Why Amazon Can’t Just Wash Its Hands of Design Right Infringements
In the ever-growing jungle of e-commerce, rights holders repeatedly encounter the problem of their intellectual property being infringed. Since it’s often a real
Dawn raids: recommendations for companies
Dawn raids are an essential instrument used by cartel authorities to uncover and investigate violations of competition law. In Germany, such dawn raids can be carried out by both the European Commission and the Federal Cartel Office. They usually take place unannounced and at the start of business, which gives the authorities the advantage of surprise and leaves the companies concerned little time to prepare for the situation.
