WFW advises Photosol on 100 MW Italian project portfolio acquisition12 July 2023
Photosol intends for this inaugural investment to be the first of many in the Italian market.
Photosol intends for this inaugural investment to be the first of many in the Italian market.
The four vessels will be constructed at HD Hyundai Heavy Industries Co. Ltd. and will be completed in sequence during 2027.
The two deals won ‘Global Lease Deal of the Year’ and ‘European Restructuring Deal of the Year’.
Indonesia’s PT Lion Group is a major player in South East Asia with a fleet of 340 aircraft.
The joint venture, “Aedes-Photosol Développement”, allows both companies to pool their expertise to develop the portfolio, the first projects of which should be commissioned in 2024.
Given SNEP’s core business, this acquisition complements Böllhoff’s offering to clients in the aeronautical and aerospace sectors in particular.
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Thanks to this acquisition, the group now has 500+ employees and comprises six construction and public works businesses operating through 19 subsidiaries and 42 production sites.
WFW was involved in every legal aspect of this LMBO, assisting with financial arrangements, the legal structure, negotiations with the outgoing investment fund and the acquisition agreement.
We have formed a dedicated team to assist our clients worldwide to deal with any and all challenges faced by businesses affected by the government lockdowns.
Böllhoff is a family-owned German business, specialising in supplying fastening and assembly technology to aeronautical sector.
FeelHeath’s new application Feeleat was developed by a community of thousands of patients and health professionals to assist people having eating and digestive disorders.