P+P advises Gimv on acquisition of a majority stake in Smart Battery Solutions GmbH
The investment company Gimv has acquired a majority stake in Smart Battery Solutions GmbH (SBS). According to Gimv, the strong growth of SBS in the dynamic battery market will continue, the staff will be strengthened and the production capacities will be expanded.
Smart Battery Solutions GmbH, based in Kleinostheim in Lower Franconia, was founded in 2010 and today employs around 50 people. The company develops, manufactures and sells lithium-ion battery systems in the low voltage range of up to 60 volts. The product range extends from customer-specific fabrication of externally produced cells to the development and production of intelligent energy storage systems and charging technologies. In addition, SBS has developed several proprietary battery management systems that control battery operation and ensure their safe use.
SBS products are used in numerous eMobility applications such as e-bikes, e-scooters, watercraft or drones.
P+P Pöllath + Partners advised the purchaser Gimv on all legal matters with the following interdisciplinary team across all locations:
- Dr. Tim Kaufhold (partner, M&A / private equity, Munich
- Dr. Nico Fischer (partner, tax law, Munich)
- Daniel Wiedmann (associated partner, antitrust law, Frankfurt)
- Dr. Verena Stenzel (senior associate, M&A / private equity, Munich)
- Christine Funk (senior associate, M&A / private equity, Frankfurt)
- Matthias Oberbauer (associate, M&A / private equity, Munich
