PwC Legal and PwC advise energie schwaben on the acquisition of assets from ESS Kempfle GmbH, ESS Montage GmbH, ESS eTechnik GmbH and ESS Vertriebs GmbH from insolvency
Hamburg, 5th March 2025
A multidisciplinary team from PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) and the auditing and consulting firm PricewaterhouseCoopers GmbH WPG (PwC Germany) comprehensively advised energie schwaben gmbh and energie schwaben solar gmbh on an asset deal concerning the four business operations of ESS Kempfle GmbH, ESS Montage GmbH, ESS eTechnik GmbH, and ESS Vertriebs GmbH from insolvency in self-administration, particularly concerning the drafting and negotiation of the complex transaction documentation.
Dirk Weimann, Managing Director of energie schwaben gmbh, says: “The energy future is climate neutral – that’s what we are working on. With energie schwaben solar, we are taking another big step towards renewable energies.”
The Managing Director of the new company, energie schwaben solar gmbh, is Timo Straten, who is also the Head of New Business Fields and strategically responsible for M&A activities at energie schwaben. Straten will realign the company and lead it into the future.
Regarding the advice from PwC, he says: “In the intense contract negotiations, the team from PwC represented us excellently.”
energie schwaben solar gmbh employs around 60 people and plans to install 500 PV systems this year. This includes the classic ten-kilowatt-peak system with storage for a single-family home, as well as megawatt power plants on the roofs of large commercial halls and municipal properties.
energie schwaben gmbh offers energy-related services for municipalities, the housing industry, commerce and industry, as well as private households. In addition to the secure supply of gas, the focus is on the production and marketing of biogas and electricity from renewable sources, the construction and operation of district and local heating networks, and services such as municipal heating planning – each in connection with renewable energies.
Advisors to energie schwaben gmbh und energie schwaben solar gmbh
PwC Legal:
Ivo Dreckmann, Dr. Sebastian Zeeck and Dr. Danielle von Hegel (all Lead), Britta Pancek, Lars Lübbers, Julius Rodatz (all Legal Deals/M&A/Insolvency Law); Martin Vollmann, Alexander Klaus, Myria Schuster (all Restructuring Labour Law)
PwC Germany:
Thomas Leopold-Söhner, David Koisiak, Ulrike Sommer, Alexander Ziegelmaier, Christian Müller, Dr. Annette Elisabeth Rickert, Lukas Malbasic, Michelle Zöller (all 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.
