HEUKING advises DATABAU group on acquisition of Connect-Energie GmbH assets
May, 2024 - Germany
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HEUKING advises DATABAU group on acquisition of Connect-Energie GmbH assets
A team with members from several offices, led by Dr. Rainer Herschlein, LL.M. and Charlotte Schmitt, LL.M., both Partners at HEUKING’s Stuttgart office, legally advised and supported DATABAU group on the acquisition of key assets of Connect-Energie GmbH.
After Connect-Energie GmbH had filed for insolvency, it sold its key assets to DATABAU Neuss GmbH, an affiliate of DATABAU group. The parties have agreed not to disclose the purchase price.
Connect-Energie GmbH, established in 2018, has quickly specialized in the expansion of fiber optic networks throughout Germany. To date, the company has successfully installed over 1,500 kilometers of fiber optic routes and has reached more than 100,000 homes.
DATABAU group operates as a comprehensive service provider within Germany’s telecommunications infrastructure sector, offering a wide range of services from planning and construction to the maintenance of fiber optic and copper networks, including installations within customers’ premises. The group pursues a strategy focused on growth through acquisitions, with the acquisition of key Connect-Energie assets marking its eighth major acquisition.
HEUKING has been advising DATABAU group since its establishment and on all acquisitions since then.
Counsel to DATABAU group
HEUKING:
Dr. Rainer Herschlein, LL.M.,Charlotte Schmitt, LL.M., (both Lead, both Corporate), both Stuttgart,
Dr. Christina Küster,
Dr. Marcus Georg Tischler (both Insolvency),
Dr. Stefan Bretthauer,
Jia-Xi Liu (both Antitrust),
Timo Daniel Trefzger (Employment), all Hamburg
