Menold Bezler advised bmp greengas GmbH on the takeover of the biomethane portfolio held by München-based BayWa r.e. The transaction is part of the strategic repositioning of the subsidiary of Erdgas Südwest towards renewable, decentralised and self-sufficient energy supply.
The transfer of the business processes from biomethane trading also involved the takeover of the employees at the Munich site. The parties agreed to maintain strict confidentiality concerning the purchase price.
bmp greengas, headquartered in Munich, is one of the leading marketers of biomethane in Germany and an expert in green gases. Business divisions include the procurement, transportation, accounting and supply of biomethane, the marketing of CO2, SNG, Bio-LNG, green peroxide and the arranging of THG-quotas for natural gas petrol stations.
A team headed by Vladimir Cutura provided comprehensive legal advice to bmp greengas throughout the preparation and implementation of the acquisition. Menold Bezler previously advised the energy service provider Erdgas Südwest GmbH on the acquisition of bmp greengas in 2017.
Advisors to bmp greengas GmbH:
Menold Bezler (Stuttgart): Vladimir Cutura (lead, M&A), Dr. Stefan Meßmer (energy and anti-trust law), Steffen Follner (financing), Dr. Aris Joannidis (commercial), Kathrin Seiz (employment law), Nadine Kunz, Andreas Augenstein, Nicole Brandt (all corporate, M&A)
Sectors and Solutions: Energy