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News 13 Oct 2023 · Monaco

CMS Monaco advised the company COMETH SOMOCLIM in the acquisition of 100% of the shares of the company HOME ELECTRIC ENERGIE (HEE)

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Cometh Somoclim SAM, mostly owned by ENGIE Solutions, operates in the fields of air conditioning, heating, ventilation and energy services in Monaco.

This transaction enables it to integrate into its range of activities the electricity business which is HEE’s speciality.

CMS Monaco advised Cometh Somoclim on all Monegasque legal aspects of the acquisition (corporate / M&A and employment law).

CMS Monaco's business law team, headed by Stephan Pastor, Managing Partner, and composed on this transaction of Emeline Elbaz-Mondeux, Counsel, Coralie Trudon, Senior Associate and Alessandra Finotto, Associate worked in collaboration with the employment law team headed by Sophie Marquet, Partner, and composed of Sophia Bernardi, Senior Associate.

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