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Dentons Advises Sberbank on Acquisition of Yo-Engineering in Russia

Dentons Advises Sberbank on Acquisition of Yo-Engineering in Russia

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The Moscow office of Dentons has advised Sberbank on its acquisition of 100% of shares in Yo-Engineering, the Russian developer of the Yo-mobile hybrid electric car, from Belarus-based KG Impex. Dentons was supported on Belarusian aspects of the deal by Stepanovski Papakul and Partners.

According to Dentons, Yo-Engineering’s team will become part of Sberbank subsidiary SberAutoTech, which focuses on the development of automotive digital platforms. Yo-Engineering’s team will develop SberAutoTech’s lines related to creating a platform for autonomous vehicles as well as automobile operating systems and technologies.

The Dentons team included Partner Glenn Kolleeny, Senior Associate Oleg Khlestov, and Associates Tatiana Shadrina and Oxana Pishvanova. They were supported on Belarusian aspects of the project by Stepanovski Papakul and Partners, a member of Dentons Nextlaw Referral Network.