Mitsui & Co., Ltd.’s investment in The Mobility House AG, an energy services provider

Ashurst has advised Mitsui & Co., Ltd. (Mitsui) on its investment in The Mobility House AG (TMH).

The Japanese trading house, together with Daimler AG, acquired in the most recent financing round a minority stake in the Munich-based leading provider of EV charging solutions and operator of stationary energy storage systems built with EV batteries. With the acquisition of the share Mitsui is strengthening its investment in e-mobility.

The parties have agreed not to disclose the purchase price.

The Ashurst team was led by partner Holger H. Ebersberger (picture), alongside Partner Dr Thomas Sacher and Associate Nicole Kaps.

Involved fees earner: Holger Ebersberger – Ashurst; Thomas Sacher – Ashurst; Nicole Kaps – Ashurst;

Law Firms: Ashurst;

Clients: Mitsui & Co. Ltd;