Search
Contact
23.01.2023 | Deal Notifications

KPMG Law advises Cenntro Electric Group on investment in Antric

Nuremberg, January 23, 2023

KPMG Law Rechtsanwaltsgesellschaft mbH (KPMG Law) provided legal advice to Cenntro Electric Group Limited (Cenntro Electric Group) on the acquisition of a stake in Antric GmbH (Antric).

Antric, founded in 2020 and based in Bochum, Germany, is a manufacturer of electric cargo bikes. The German-made Antric One is an innovative and robust cargo bike as a supplement and alternative to conventional transport vehicles in the city. This is intended to make transportation in cities more sustainable, flexible and cost-effective.

Cenntro Electric Group is a developer and manufacturer of light and medium-duty electric commercial vehicles. The vehicle portfolio covers a wide range of applications and is used in urban services, last-mile deliveries and other commercial applications, among others. Cenntro Electric Group plans to lead the transformation of the automotive industry through scalable, decentralized production and fully digitalized autonomous driving solutions supported by the Cenntro iChassis.

For this reason, the Cenntro Electric Group has acquired 25 percent of the shares in the cargo bike manufacturer Antric. As part of the transaction, KPMG Law provided comprehensive legal advice on the drafting and negotiation of the contractual framework underlying the transaction.

Consultants Cenntro Electric Group:

KPMG Law Rechtsanwaltsgesellschaft mbH: Dr. Christian Hensel (Partner, Lead),
Dr. Frank Kafka
(Senior Manager, Lead Partner),
Maximilian Weiß
(Senior Associate), all Corporate/M&A;
Annette Susanne Lionnet
(Senior Manager),
Nicole Bohn
(Manager), both Business and Commercial Law;
Dr. Gerrit Rixen
(Partner),
Jacqueline Unkelbach
(Manager), Tim Haller (Senior Associate), all Antitrust.

Explore #more

04.02.2025 | Deal Notifications

KPMG Law advises ROTOP shareholders in connection with an investment by GENUI and SHS Capital

KPMG Law Rechtsanwaltsgesellschaft mbH (KPMG Law) provided legal advice to the shareholders of ROTOP Pharmaka GmbH (ROTOP), a provider of development and manufacturing capacities for…

31.01.2025 | Deal Notifications

KPMG Law supports HWP with majority stake in instakorr GmbH

KPMG Law Rechtsanwaltsgesellschaft mbH (KPMG Law) advised HWP Handwerkspartner Group (HWP) on the acquisition of a majority stake in instakorr GmbH (instakorr). KPMG Law carried…

29.01.2025 | KPMG Law Insights

Green hydrogen from wastewater – legal hurdles in production

Hydrogen provides significantly more energy than gasoline or diesel. If it is produced using renewable energies, hydrogen can make a significant contribution to climate protection.…

29.01.2025 | Deal Notifications

KPMG Law advises HWP on the acquisition of Hydro-Tech GmbH

KPMG Law Rechtsanwaltsgesellschaft mbH (KPMG Law) advised HWP Handwerkspartner Group (HWP) on the acquisition of Hydro-Tech GmbH Hochdruck- und Reinigungstechniken Maler und Betoninstandsetzungsarbeiten (Hydro-Tech). KPMG…

29.01.2025 | KPMG Law Insights

What the Green Claims Directive means for companies – an overview

With the Green Claims Directive, the EU will introduce extensive regulations on the requirements for permissible environmental claims. The aim is to prevent greenwashing so…

27.01.2025 | In the media

Merger control and national security: key considerations for corporate transactions

Financier Worldwide discusses key merger control and national security considerations for corporate transactions with Lisa Navarro, Stuart Bedford, Gerrit Rixen (KPMG Law Germany), Helen Roxburgh…

24.01.2025 | In the media

Guest article in the ESGZ: Opportunities with discrimination risks: AI in the field of human resources

Artificial intelligence (AI) is no longer a dream of the future, but is already changing the world of work at a rapid pace. Companies are…

24.01.2025 | Deal Notifications

KPMG Law advises DKB on joint ventures with Sparkassen-Finanzgruppe in credit processing

KPMG Law advises Deutsche Kreditbank AG (DKB) on the establishment of a joint venture in the field of credit card processing with companies of the…

24.01.2025 | KPMG Law Insights

Tübingen packaging tax statute is constitutional

Tübingen’s packaging tax is constitutional. The Federal Constitutional Court has rejected a constitutional complaint against the packaging tax statutes of the University City of Tübingen.…

22.01.2025 | KPMG Law Insights

The EU packaging regulation sets strict requirements for packaging

The EU has adopted the Packaging Regulation. After the European Parliament adopted the Commission’s draft on April 24, 2024, the EU member states also approved…

© 2024 KPMG Law Rechtsanwaltsgesellschaft mbH, associated with KPMG AG Wirtschaftsprüfungsgesellschaft, a public limited company under German law and a member of the global KPMG organisation of independent member firms affiliated with KPMG International Limited, a Private English Company Limited by Guarantee. All rights reserved. For more details on the structure of KPMG’s global organisation, please visit https://home.kpmg/governance.

 KPMG International does not provide services to clients. No member firm is authorised to bind or contract KPMG International or any other member firm to any third party, just as KPMG International is not authorised to bind or contract any other member firm.

Scroll