Britishvolt’s €36 Million Acquisition of EAS Batteries

In UK Dentons, advised on the matter.

Dentons advised BritishVolt with a team including Humphrey Douglas (Picture – Corporate M&A), Adam Knowles (Corporate M&A), Lorna McCaa (Tax M&A and Deal Advisory).

Britishvolt announced the acquisition of EAS Batteries, the German-based advanced technology battery cell manufacturer, for €36 million from the Monbat Group.

EAS is a pioneer in developing and producing large format lithium-ion battery cells using innovative and compact electrode production technology.

The acquisition complements Britishvolt’s drive to lead in the R&D, manufacture of electrified transportation and sustainable energy storage markets.

The Dentons team was led by Energy Partner Humphrey Douglas (Picture) with assistance from Corporate Partner Adam Knowles, Corporate Senior Associate Joe Collingwood, Corporate Associate Rachel Gibb, Energy, Transport and Infrastructure Associate Mel Mahon and Energy, Transport and Infrastructure Solicitor Shinae Lee. The team was also supported by Tax Partner Lorna McCaa, Tax Senior Associate Rachel Beveridge, Competition Counsel Rebecca Owen-Howes and Competition Associate Megan Penny in the UK and by our colleagues across our German offices including Corporate Partner Clemens Maschke, Corporate Counsel Hilke Schmitt, Competition Partner Maria Brakalova, Tax Partner Dominik Thomer, Tax Senior Associate Holger Hölkemeier, Corporate Senior Associate Lieor Koblenz, Employment Partner Frank Lenzen, Employment Partner Sascha Grosjean and Employment Senior Associate Wiebke Schulz.

Involved fees earner: Rachel Beveridge – Dentons; Maria Brakalova – Dentons; Joseph Collingwood – Dentons; Humphrey Douglas – Dentons; Rachel Gibb – Dentons; Sascha Grosjean – Dentons; Holger Hölkemeier – Dentons; Adam Knowles – Dentons; Lieor Koblenz – Dentons; Frank Lenzen – Dentons; Mel Mahon – Dentons; Clemens Maschke – Dentons; Lorna McCaa – Dentons; Rebecca Owen-Howes – Dentons; Megan Penny – Dentons; Hilke Schmitt – Dentons; Wiebke Schulz – Dentons; Dominik Thomer – Dentons;

Law Firms: Dentons;

Clients: BritishVolt;

Author: Giulia Di Palma