Heuking Kühn Lüer Wojtek in Hamburg advised Bad Vilbel WV Energie AG, on the sale of PSG Group.
The parties agreed not to disclose the purchase price.
PSG is the pioneer and market leader in the outsourcing of procurement services via online platforms and tools within the German-speaking market.
With its Epsa Marketplace brand, EPSA has been the European market leader in outsourcing non-strategic purchasing since the acquisition of Experbuy in 2018. This complementary acquisition and now more than 360 employees and sales of more than EUR 500 million will make Epsa the leading global player in this market.
WV Energie AG develops renewable energy plants. The Company develops offshore and onshore wind energy plants and photovoltaic projects. WV Energie serves customers in Germany.
Heuking Kühn Lüer Wojtek’s team included Dr. Stefan Duhnkrack (M&A, Lead), Dr. Hans Henning Hoff (Corporate), Dr. Søren Pietzcker, LL.M. (IP), all Hamburg. In collaboration with: Stefan Ansgar Strewe, esb Rechtsanwälte, Dresden, IT counsel of PSG, Ulf Ludwig, Melsungen, Tax Consultant and former CFO of WV Energie AG and Michael Westhoven, Düsseldorf, Livingstone Partners GmbH.
Law Firms: Heuking Kühn Lüer Wojtek;
Clients: WV Energie AG;