Gleiss Lutz has been advising the Alpiq Group, a leading Swiss energy services provider and electricity producer, on the sale of its industrial business. The purchaser is the French building company Bouygues Construction, which is taking over InTec und Kraftanlagen Gruppe for a purchase price of 850 million CHF. Closing of the transaction is planned for the latter half of 2018 and is still subject to customary regulatory clearances.
By selling its Engineering Services business, the Swiss energy provider Alpiq will be able to focus on its core business: power production Switzerland and Europe, international energy trading as well as on customer business and digitalization. The Alpiq Group's registered office is in Lausanne. The company is listed on the Swiss SIX exchange and employs around 8,500 staff.
In an international team led by the Swiss law firm Homburger, Gleiss Lutz provided comprehensive advice on all aspects of German law. Further law firms involved included Schoenherr (for Austria, Czech Republic and Rumania), Eversheds Sutherland (for the United Kingdom), Jenny Avvocati (for Italy) and Pelister Atayilmaz Enkür (for Turkey).
The following team of Gleiss Lutz lawyers, led by Dr. Thomas Menke (partner, corporate/M&A, Düsseldorf), advised Alpiq on the matter: Dr. Andreas Wehlau (partner, intellectual property), Dr. Jens Günther (partner, employment, both Munich), Dr. Jacob von Andreae (partner, public law, Düsseldorf), Dr. Moritz-Holm-Hadulla (partner, competition/antitrust, Stuttgart), Dr. Johannes Niewerth (partner, real estate, Berlin), Vanessa Bayliss (counsel, banking and finance, Frankfurt), Dr. Marc Seeger, Alexander Kebernik (both corporate/M&A, both Düsseldorf), Dr. Fabian Kutz, Dr. Jonas Rybarz (both real estate, both Berlin), Mara Schmidt-Klie (employment), Kevin Grimmeiß (public law, both Düsseldorf), Dr. Matthias Böglmüller, Dr. Eva Heup (both employment, both Munich), Svenja Bender, Michael Neher (both real estate, both Frankfurt), Dr. Theresa Uhlenhut (intellectual property, Munich), Dr. Christoph Stock, Dr. Dominik Braun, Vanessa Gehle (all competition/antitrust, all Stuttgart) and Dr. Matthias Schilde (intellectual property, Berlin).