Munich/ Norway — SKW Schwarz Rechtsanwälte advises Norwegian Volue ASA on the acquisition of ProCom GmbH. Following the signing of the contracts, the automation business will be spun off and Volue will take over ProCom’s entire energy business. With this, Volue gains an annual turnover of 3 million euros, about 60 employees and more than 60 customers.
The transaction is expected to close in September 2021 and is subject to certain conditions agreed between the parties.
Volue is a market leader in technologies and services that drive green transformation. With more than 650 employees, Volue serves more than 2,000 customers in the energy, power grid, water and infrastructure project sectors. The company is headquartered in Oslo, Norway, and operates in more than 40 countries.
ProCom GmbH offers technology solutions for the energy sector and related industries. The company, which is headquartered in Aachen and has offices in Cologne and Berlin, serves customers primarily in Germany.
Advisor to Volue: SKW Schwarz Rechtsanwälte, Munich
Dr. Matthias Nordmann (M&A, lead), Eva Bonacker (M&A), Nicole Wolf-Thomann (Commercial), Dr. Ulrich Reber (Restructuring), Dr. Matthias Orthwein (IT and Data Protection), Dr. Stefan Peintinger (IP), Alexander Möller (Labor Law), Heiko Wunderlich (Tax Law); David Solberg (Corporate/Commercial)
CLP, Oslo/Norway: Lars Gunnar Aas, Kristoffer Gjesdahl (both M&A)
About SKW Schwarz Attorneys at Law
SKW Schwarz Rechtsanwälte is an independent German law firm with over 120 lawyers in four locations. SKW Schwarz advises companies ranging from owner-managed businesses to listed stock corporations, as well as private clients, in all major areas of national and international business law.