19.01.2021

GOF advises MAN Energy Solutions on the Acquisition of Majority Stake in H-TEC SYSTEMS

Munich, January 19, 2021 – The commercial law firm Gütt Olk Feldhaus advised MAN Energy Solutions SE on the acquisition of the remaining majority stake in the electrolysis technology company H-TEC SYSTEMS GmbH, Augsburg. GOF already provided legal advice to MAN Energy Solutions SE on the acquisition of a 40% participation in H-TEC Systems in 2019. The parties have agreed not to disclose the purchase price. The transaction is subject to obtaining merger control approvals.

H-TEC SYSTEMS has more than 20 years of experience in research and development of hydrogen technology. At its sites in Braak and Augsburg the company develops and manufactures stacks and electrolysers for the production of hydrogen.

Based in Augsburg, Germany, MAN Energy Solutions SE is one of the world's leading solutions providers in the fields of industrial production, energy and maritime industries and a manufacturer of large diesel and gas engines as well as turbomachinery. On the way to a climate-neutral global economy, MAN Energy Solutions SE is committed to creating sustainable value for its customers. MAN Energy Solutions SE is headquartered in Germany and employs around 14,000 people at more than 120 locations worldwide.

Legal advisors MAN Energy Solutions SE:

Gütt Olk Feldhaus, Munich: Dr. Sebastian Olk (Partner, Corporate/M&A, Lead), Dr. Marcel Schmidt (Associate, Corporate/M&A)

BLOMSTEIN, Berlin: Dr. Max Klasse (Partner, Regulatory Law)

About Gütt Olk Feldhaus:

Gütt Olk Feldhaus is a leading international law firm based in Munich. We provide legal advice on all aspects of commercial and corporate law. We focus on corporate law, M&A, private equity and financing. We also handle litigation in these areas.

Contact:

Dr. Sebastian Olk
Partner
Tel. +49 89 24 22 411-20
Mobil +49 174 21 88 911
sebastian.olkgof-partnercom