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CMS Hasche Sigle advises COLEXON Energy AG on takeover bid for Renewagy A/S


Hamburg – The public takeover bid by COLEXON Energy AG for listed Danish stock corporation Renewagy A/S attracting the support of around 98.2% of Renewagy’s shareholders and was completed successfully. The takeover bid involves an exchange of shares, with Renewagy shareholders receiving a total of 12,628,800 new COLEXON shares created by a capital increase through contribution in kind comprising 68,195,520 Renewagy shares. Shares in Renewagy A/S are listed on NASDAQ OMX in Copenhagen.

A team from CMS Hasche Sigle advised COLEXON Energy AG on all corporate law aspects of the transaction, in particular on the process of capital increase through contribution in kind. Legal due diligence on Renewagy A/S in Denmark was conducted by DAHL (Viborg/Copenhagen), the advisors involved being Kim Ricken Jørgensen and Nicolai Jung.

COLEXON Energy AG, which is listed on the Prime Standard of Frankfurt Stock Exchange, is a prominent project developer for high-performance thin-film solar power plants installed on roofs. The international COLEXON Group is one of the leading manufacturer-independent companies in the photovoltaic sector and specialises in integrating complex systems. The Danish Renewagy Group is one of the largest independent investors and operators of solar power plants.

Advisers CMS Hasche Sigle

  • Dr Ludwig Linder, Corporate
  • Dr Heino Büsching, Tax and Corporate
  • Dr Henrik Drinkuth, Corporate, Stock Corporation Law and Capital Markets
  • Dr Rainer Herzog, Corporate

Contact CMS Hasche Sigle:

Tel. +49 (0) 40 37 63 00

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Related people

Henrik Drinkuth
Dr. Henrik Drinkuth
Dr. Heino Büsching
Dr. Ludwig Linder, LL.M. (Berkeley)