PwC advises Greenflash on the conclusion of a Joint Venture
Düsseldorf, 23rd January 2023.
Led by Dr. Johannes Auf dem Kampe, a multidisciplinary team from PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) and PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft (PwC Germany) has provided comprehensive legal advice to Green Flash GmbH in connection with the conclusion of a joint venture agreement with DEG Nachhaltigkeits GmbH, a subsidiary of the Dachdecker-Einkauf Holding GmbH, DEH Beteiligungs GmbH and DEG Dach-Fassade Holz eG (collectively the "DEG – Companies".) In the future, the joint venture company will operate in the market under the name Greenflash Systems GmbH. The DEG – Companies are investing a total of over EUR 10 million to revolutionize solar wholesale together with Green Flash GmbH.
Greenflash, with its seat in Lingen (Ems), specializes in the implementation and planning of projects in the field of renewable energies. The company, founded in 2020, implements individual energy solutions throughout Germany and makes an important contribution in achieving the 1.5° target.
The DEG – companies are part of the ZEDACH Group, an association of around 7,000 craft businesses at over 140 locations, among others in Germany, Luxembourg, the Czech Republic, Poland and Switzerland, which specialize in the distribution of roofing materials.
The future cooperation will focus on the development of a joint wholesale business for building materials and products required in the field of electric generators powered by renewable energies, the implementation of an extensive network of specialists, and the sale and development of holistic energy concepts.
Advisors to Greenflash:
PwC Legal (Düsseldorf):
Dr Johannes Auf dem Kampe (lead), Lars Benger, Rebecca Klenke, Valentin Ganzer, Sebastian Brandt, Gloria Müller (all Legal Deals)
Philipp Römer (IP/IT)
PwC GmbH Wirtschaftsprüfungsgesellschaft (Osnabrück):
Stefan Mense, Johannes Laake, Timo Hövel (all Corporate Tax)
About PwC Legal Business Solutions:
In our global, rapidly changing business world, cooperation, restructuring, transactions, financing and social responsibility are topics that increasingly concern our clients. They need legal certainty for a wide range of complex tasks. That is why we advise them holistically and in close cooperation with PwC’s tax, human resources and finance experts and our international legal network in over 100 countries. Whether a globally active company, a public corporation or a wealthy private individual, every client has a personal contact at our firm who supports them responsibly in all matters of commercial law. In this way, we help our clients to secure their economic success in the long term.
PwC Legal Business Solutions in Germany. More than 370 lawyers at 18 locations. Integrated, tech-powered legal advice.
About PwC Germany:
Our clients face diverse challenges, strive to put new ideas into practice and seek expert advice. They turn to us for comprehensive support and practical solutions that deliver maximum value. Whether for a global player, a family business or a public institution, we leverage all of our assets: experience, industry knowledge, high standards of quality, commitment to innovation and the resources of our expert network in 149 countries. Building a trusting and cooperative relationship with our clients is particularly important to us – the better we know and understand our clients’ needs, the more effectively we can support them.
PwC Germany. More than 15,000 dedicated people at 20 locations. €3.05 billion in turnover. The leading auditing and consulting firm in Germany.
