Slovenia: Schoenherr advises Siemens Energy on acquisition of 76 % stake in Gridpulse from Mosdorfer and C & G SKUPINA

"We are delighted to have advised on this interesting deal, which aims to combine expertise and drive greater efficiency and reliability in electricity systems," said Schoenherr partner Peter Gorše, who led the team advising on the acquisition.

The deal was signed on 26 August 2024 and closed on 1 December 2024.

Based in Germany, Siemens Energy is a global leader in energy technology, providing innovative solutions across the power generation, transmission and storage sectors (siemens-energy.com).

Gridpulse, based in Slovenia, specialises in line monitoring and rating of overhead lines (gridpulse.com).

The Schoenherr team advising Siemens Energy was led by Peter Gorše (partner). Further support was provided by Žana Žabnikar (associate), Manja Hubman (attorney at law), Vid Kobe (partner), Matej Črnilec (partner) and Borče Malijanski (legal advisor) in Slovenian matters, and Markus Piuk (partner), Teresa Waidmann (partner) and Hanna Elisabeth Kirschner (associate) in Austrian matters.

Siemens Energy’s legal team was led by senior legal counsel Dimitrios Andreadis.

ADVANT Beiten, headquartered in Munich, served as counsel to the sellers.