POELLATH advises BayWa on service contracts for members of the management board and on the management participation program for Energy Infrastructure Partners’ (EIP) investment
The BayWa Group, which is globally active in the core segments of energy, agriculture and construction, as well as in the development segment of innovation and digitalization, has carried out a capital increase at its subsidiary BayWa r.e. to allow financial investor EIP to invest in its renewable energy sector.
EIP has committed around EUR 530 million and now holds 49 percent of BayWa r.e., which will now be converted into a stock corporation. BayWa AG remains the majority shareholder with 51 percent. In addition to the longstanding BayWa AG board member, Matthias Taft, the previous division managing directors, Günter Haug and Harald Wilbert, have been appointed to the three-member board.
POELLATH provided comprehensive advice on service contracts for the management board and on the implementation of a management participation program at BayWa r.e., as well as on the related corporate law issues with the following Munich-based team:
- Dr. Eva Nase (partner, lead, corporate and capital markets law).
- Dr. Benedikt Hohaus (partner, M&A/private equity/management participation)
- Dr. Sebastian Seier (senior associate, corporate and capital market law)
- Johanna Scherk (associate, M&A/private equity/management participation)
For more up-to-date information, please visit www.juve.de.