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Koutalidis Advises on Sunlight Group and Olympia Group Internal Restructuring

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Koutalidis has advised Sunlight Group and Olympia Group of Companies on Sunlight Group’s ongoing strategic realignment and internal restructuring.

According to Koutalidis, as part of this initiative, Sunlight Group agreed to divest from Voltabox and plans to acquire Voltamobil, a company specializing in high-voltage battery solutions, thereby strengthening its position in the energy storage market. In addition, the transaction enables Sunlight Group and Olympia Group to gain control over an additional 12% of Sunlight Group’s shares, previously held by GBD, further consolidating their strategic focus.

In 2023, Koutalidis advised on Sunlight Group’s acquisition of Triathlon Holding (as reported by CEE Legal Matters on July 26, 2023) as well as on the 51% acquisition of Triathlon Holding in late 2022 (as reported by CEE Legal Matters on December 15, 2022).

The Koutalidis team included Partners Katia Protopapa and Yiannis Loizos, Senior Associates Konstantinos Papakonstantinou and Panagiota Thivaiou, and Associate George Karopoulos.

Koutalidis did not respond to our inquiry on the matter.