HEUKING advises majority shareholder of BaxEnergy on acquisition by Yokogawa

A cross-office team led by HEUKING Partner Christoph Prochnau legally advised the majority shareholder of BaxEnergy GmbH on the sale to Yokogawa Electric Corporation. The transaction, carried out through Yokogawa Deutschland GmbH, the German subsidiary of Yokogawa Electric Corporation, was advised in collaboration with the Luxembourg office of the Maples Group.

Yokogawa Deutschland GmbH is the German subsidiary of Yokogawa Electric Corporation, a company founded in Tokyo in 1915. With a global network spanning 127 companies across 59 countries, Yokogawa employs over 17,000 people worldwide. In Germany, approximately 200 employees are spread across various production and sales sites, including the headquarters of Yokogawa Deutschland GmbH in Ratingen. In Europe, Yokogawa operates its own sales, service, and engineering organizations.

Founded in Hanover in 2010, BaxEnergy GmbH is a multinational developer and manufacturer specializing in Asset Performance Management (APM) and Renewable Energy Management Systems (REMS). The company provides cutting-edge, manufacturer-independent IoT operating software that enables the visualization, analysis, and optimization of green energy generation and storage solutions.

HEUKING advised the majority shareholder comprehensively on German law and coordinated the international foreign trade law review and approval procedures on the seller’s side. The client was advised on foreign trade law by a team led by Düsseldorf Partner Dr. Bodo Dehne.

Counsel to the majority shareholder of BaxEnergy GmbH
HEUKING:
Christoph Prochnau, LL.B. (Lead, Corporate / M&A), Hamburg,
Dr. Bodo Dehne (Foreign Trade), Düsseldorf,
Caroline Frohnwieser (Corporate / M&A), Hamburg,
Sarah Radon, LL.M. (Corporate / M&A), Düsseldorf