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Deals 08 Dec 2022 · Germany

Further expansion with mega-deal: CMS advises Sunlight on acquisition of 51 percent in Triathlon Holding

3 min read

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Berlin – Sunlight Group Energy Storage Systems (Sunlight Group), a technology company headquartered in Athens, Greece, specializing in integrated and innovative industrial and off-road energy storage solutions, acquires 51 percent of the share capital of German Triathlon Holding GmbH. The target company specializes in high-performance battery systems for various purposes. The transaction is considered a landmark for Sunlight's expansion business, especially with regard to the landscape of industrial motive power batteries and energy storage systems. Both companies will continue their autonomous commercial operations, but will leverage synergies for the global market in existing and new areas. Details of the transaction were not disclosed. The acquisition is still subject to approval by the relevant authorities.

A CMS team led by Dr Igor Stenzel provided comprehensive legal advice to the Sunlight Group on the acquisition. A special focus was on a comprehensive due diligence in Germany and various jurisdictions abroad. The CMS team also handled merger control and foreign trade aspects of the transaction. Australia was also included. The Sunlight Group regularly relies on the expertise of CMS, for example when acquiring 51 percent in A. Müller GmbH, a wholesaler for industrial battery power supply systems.

CMS Germany

Dr Igor Stenzel, Lead Partner, Berlin
Ralf Kurney, Partner, Berlin
Dr Karsten Heider, Partner, Stuttgart
Lisa Maria Jäger, Associate, Berlin
Dr Florian Wimmer, Associate, Berlin
Dr Hanna Heimrath, Research Associate, Berlin
Olena Mausolf, Legal Consultant, Berlin, all Corporate/M&A
Shae Lynn Washington, Senior Legal Consultant, Berlin, Smart Operations
Philipp Rohdenburg, Senior Associate, Cologne, Commercial Law
Dr Jens Moraht, Partner, Berlin
Alexander Schmitt, Counsel, Berlin
Dr Eva Margareta Wolff, Counsel, Cologne
Dieu Hong Mai, Senior Associate, Berlin, all Banking, Finance & Insurance
Sylle Schreyer-Bestmann, Counsel, Berlin
Dr Huy Do Chi, Senior Associate, Berlin, both Intellectual Property
Dr Ursula Steinkemper, Partner, Stuttgart
Johannes Bescher, Counsel, Berlin
Annika Hamrol, Associate, Berlin
Dr Marielle Schuster, Associate, Stuttgart, all Real Estate & Public
Dr Andreas Hofelich, Partner, Cologne
Dr Tanja Graue, Counsel, Berlin
Neil Yeats, Senior Associate, Berlin
Julia Tänzler-Motzek, Senior Associate, Cologne
Hanna Kowalski, Associate, Cologne, all Labor, Employment & Pensions
Dr Rolf Hempel, Partner, Stuttgart
Martin Cholewa, Counsel, Stuttgart, both Competition & EU
Dr Martin Friedberg, Counsel, Düsseldorf, Tax Law

CMS UK

Matthew Davies, Lead UK 

CMS France

Arnaud Hugot, Lead France

CMS Poland

Malgorzata Urbanska, Lead Poland

Koutalidis (Greece)

Katia Protopapa, Lead Greece
Yiannis Loizos 

Hunton Andrews Kurth LLP (USA)

Jordan Hirsch, Lead USA 

MinterEllison (Australia)

Alberto Colla
Danica Smith

Press Contact
presse@cms-hs.com

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