EXCEET GROUP SCA ACQUIRED THE APEX GROUP. ARENDT ADVISED EXCEET GROUP SCA AND ITS MAJOR SHAREHOLDERS FROM A LUXEMBOURG CORPORATE, CAPITAL MARKET AND SECURITIES LAW PERSPECTIVE, INCLUDING THE SETUP OF THE NEW INCENTIVE SCHEME.

DEAL - CORPORATE - ACQUISITION

Luxembourg, 24 January 2023 – Exceet Group SCA, a Luxembourg based partnership limited by shares listed on the regulated market (Prime Standard) of the Frankfurt stock exchange, acquired the APEX group, a group of companies specialised in the planning, procuring, commissioning and operating of hydrogen plants, selling hydrogen, electricity and heat generated in connection with hydrogen plants, as well as the development of corresponding software and hydrogen storage systems, for a total consideration of approx. EUR 120 million.

Arendt advised exceet Group SCA and its major shareholders from a Luxembourg corporate, capital market and securities law perspective, including the setup of the new incentive scheme.

Arendt team involved:

• Corporate Law, Mergers & Acquisitions: Maria Grosbusch, Philippe Harles, Pierre Maucet, Alexander Olliges and Viktoria Werhann
• Finance & Capital Markets: target=_blankNathalie Kibler, Milos Vulevic, François Warken and Serge Zeien