Heuking advises on public takeover bid for S&O Beteiligungen AG

With a team led by partner and capital market expert Dr. Thorsten Kuthe, Heuking Kühn Lüer Wojtek advised BluGreen Company Limited as bidder in the public takeover bid for S&O Beteiligungen AG. BluGreen had gained control of S&O Beteiligungen and thus published a bid document approved by the German Federal Financial Supervisory Authority (BaFin) on September 18. The acquisition is part of an overall transaction in which BluGreen incorporates Enapter group into S&O Beteiligungen AG.
 
Enapter group develops and manufactures patented electrolyzers based on anion exchange membrane (AEM) technology. Enapter electrolyzers produce directly compressed hydrogen at a pressure of 35 bar with extremely high purity. The electrolyzers are cost-effective, modular, and scalable. The standardized modules may be arranged in commercial industrial cabinets or other standardized housings. Enapter intends to build a plant for industrial mass production in Germany.

Counsel to BluGreen Company Limited
Heuking Kühn Lüer Wojtek:
Dr. Thorsten Kuthe (Lead, Capital Markets), Cologne
Dr. Götz G. Karrer,
Dr. Katja Plückelmann (both Capital Markets), both Düsseldorf
Stefan Westerheide, LL.M. oec (Capital Markets), Cologne