01
Fri, Mar
35 New Articles

B2RLaw Advises Johnson Matthey on GBP 50 Million Sale of Battery Materials Business

B2RLaw Advises Johnson Matthey on GBP 50 Million Sale of Battery Materials Business

Poland
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

B2RLaw, working with Eversheds Sutherland's London office, has advised Johnson Matthey on the GBP 50 million sale of its battery materials business to the EV Metals Group. Reportedly, Druces and White & Case advised EV Metals.

The transaction is expected to close in the summer of 2022.

According to B2RLaw, “the sale includes Johnson Matthey’s assets at the Battery Technology Center in Oxford, a pilot plant in Billingham, and a research center in Moosburg, Germany. The Polish assets relate to a partly constructed battery manufacturing plant sited on a 43-hectare plot in Konin. As a result of the transaction, Johnson Matthey will also receive a minority equity stake in the EV Metals Group.”

Johnson Matthey plc is a sustainable technology company. The EV Metals Group is a battery chemicals and technology business.

Last year, B2RLaw advised Johnson Matthey on its agreement with Axpo Polska to have renewable electricity provided to the factory in Konin (as reported by CEE Legal Matters on February 2, 2021).

B2RLaw’s team included Senior Partner Rafal Zieba, Partner Aleksandra Polak, Counsel Agnieszka Wojciechowska, Associate Krystyna Jakubowska, and Junior Associate Michal Blados.

Eversheds Sutherland at a Glance

Eversheds Sutherland with offices in Bratislava and Prague and as part of an international network, provides comprehensive legal advice also in foreign jurisdictions.

Our team consists of a total of more than 40 lawyers in the Czech Republic and Slovakia, most of whom have previously worked at major international and local law firms and have extensive experience in particular in the areas of corporate law, including mergers and acquisitions, capital markets, real estate, employment law, competition law, litigation and arbitration, energy, infrastructure, as well as environmental and ESG law.

Our advisory services are offered in Slovak, German, Czech and English language. Members of our team include attorneys registered with the Austrian Bar Association. On this basis, and because we are part of Eversheds Sutherland, we are also able to offer extensive legal support on various foreign legal issues.

We listen to our clients, we understand their business and we also understand what they need. So we can always find the best solution for the particular situation. We work quickly, efficiently and take responsibility for our work.

Firm's website.