FKA Advises Senvion on Polish Aspects of Acquisition of EUROS Group

FKA Advises Senvion on Polish Aspects of Acquisition of EUROS Group

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FKA Furtek Komosa Aleksandrowicz has advised the Senvion GmbH manufacturer of onshore and offshore wind turbines on Polish aspects of its acquisition of the EUROS Group, a provider of licenses and technology solutions for wind farm rotor blades. Senvion's lead counsel on the deal was Germany's Oppenhoff & Partner.

Germany-based Senvion GmbH belongs to Senvion S.A., which is listed on the Frankfurt Stock Exchange. The EUROS Group consists of three technology companies specialized in rotor blade manufacturing: EUROS Entwicklungsgesellschaft fur Windkraftanlagen GmbH (Germany), EUROS Polska sp. z o.o., and EUROS Rotor Systems Polska sp. z o.o.

In August 2016 Senvion acquired Kenersys, an Indian company producing wind turbines, and FKA describes the acquisition of EUROS Group as "the next step in Senvion’s international expansion."

Senvion was advised on Polish aspects of the transaction by an FKA team supervised by Partner Edyta Jusiel and including Legal Advisor Milena Wieczorek-Waszewska, Head of Tax Mariusz Aleksandrowicz, and Tax Advisor Marta Ignasiak.