Nctm and Grimaldi on the acquisition of SMRE by SolarEdge
Nctm Studio Legale advised SolarEdge Technologies, Inc. (“SolarEdge”), global leader in the smart energy sector, listed on NASDAQ, on the acquisition of 51% of SMRE SpA, whose shares are traded on AIM Italia, for a value of around 77 million dollars.
The closing of the transaction is expected in the coming weeks. The acquisition will entail the launch of a mandatory takeover bid for the entire capital by SolarEdge.
Nctm team was coordinated by Lukas Plattner, supported by Eleonora Sofia Parrocchetti and Cesare Saputo, for M&A aspects, and Andrea Iovieno and Antonio Principato, for Capital Markets aspects. Grimaldi Studio Legale acted as legal advisor for the sellers, with a team coordinated by Paolo Daviddi.