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KSB Advises CERCL Green Group on Sale of Green Gas International to Private Investors

KSB Advises CERCL Green Group on Sale of Green Gas International to Private Investors

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KSB has provided legal services to the CERCL Green group in connection with the sale of Green Gas International by means of a management buy-in for an undisclosed consideration to ML Green Netherlands B.V., a special purpose management buy-in company jointly owned by private investors Laurent Barrieux and Martin Vojta.  

Green Gas International is a European operator of clean energy projects that focuses on converting harmful methane emissions produced during the extraction of mining and landfill gas to energy benefit. 

Commenting on the transaction in a joint statement, Laurent Barrieux and Martin Vojta said: "We are very happy and proud to bring to Green Gas our personal commitment, experience, and passion for energy and the environment. We trust that together with existing local management, we will write new pages in Green Gas’s history, reinforcing its current position and opening new areas for development.” 

Michiel Tijmensen, outgoing Chief Executive of Green Gas, commented:  “I am pleased to have been involved in the successful restructuring of Green Gas to focus on its core businesses in the Czech Republic, Germany, and Poland. This change of ownership is the next logical step, giving the new owners the opportunity to develop the business further from its European base with its strong operational capabilities.”

KSB's assistance encompassed conducting due diligence of the group concerned, the negotiation and preparation of contracts for the sale of shares and preparing other related documentation. The firm's team was led by Partner Christian Blatchford and include Partner Dagmar Dubecka, Associates Martin Kubík and Jaroslav Zahradnícek, and Junior Associate Jana Guricova.

Linklaters and Luther also advised CERCL Green group on the sale, while Rentsch Legal advised the buyers.

Czech Republic Knowledge Partner

PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.

PRK Partners has been repeatedly voted among the most socially responsible firms in the category of small and mid-sized firms and was awarded the bronze certificate at the annual TOP Responsible Firm of the Year Awards.

Our work is not only “business”: we have participated on a longstanding basis in a wide variety of pro bono projects and supported our partners from the non-profit sector (Kaplicky Centre Endowment Fund, Tereza Maxová Foundation, Czech Donors Forum, etc.).

Firm's website: www.prkpartners.com

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