07.02.2019

Smart Grids: Luther assists LACROIX Group on acquiring SAE IT-systems

Dusseldorf – French mid cap company, LACROIX Group has acquired SAE IT-systems, a specialised provider of connected equipment to monitor and secure electric grid and renewable energy infrastructures. Luther lawfirm advised LACROIX Group.

Background

7. Februar 2019

 

Dusseldorf – French mid cap company, LACROIX Group has acquired SAE IT-systems, a specialised provider of connected equipment to monitor and secure electric grid and renewable energy infrastructures.  Luther lawfirm advised LACROIX Group.

 

Listed on Euronext, the LACROIX Group is an international technological equipment supplier whose ambition is to put its technical and industrial excellence at the service of a connected and responsible world. It is located in France, Germany, Poland, Tunisia, Spain, Italy and Singapore.

LACROIX Group supplies safe, connected equipment to manage smart road infrastructure (signage, traffic management, street lighting, V2X) through LACROIX City, and by managing water and energy infrastructures through LACROIX Sofrel. LACROIX Group also develops and produces the electronic equipment of its customers in the automobile, home automation, aeronautic and manufacturing industries and also the health industry through LACROIX Electronics.

SAE IT-systems is developing and producing telecontrol and substation automation technology for use in electricity, gas, heating, water, industry and infrastructure.

With SAE IT-systems, LACROIX Group will now be able to address the electric grids challenges of tomorrow, such as the integration, monitoring and control of renewable sources of energy, the creation of intelligent distribution networks and control of consumptions. All these new skills bring the Group on the energy networks and the “smart grids” markets.

Luther’s brought its dedicated expertise in the energy and infrastructure sector to the deal.

For LACROIX Group:

Luther, M&A/Corporate: Dr. Michael Krömker, MBA (Partner, lead), Kamil Flak, Marc Urlichs (all Dusseldorf), Michael Ströbel, LL.M. (Stuttgart)

Luther, Antitrust Competition and Regulatory: Guido Jansen (Partner), Anne Caroline Wegner, LL.M. (Partner), Franz-Rudolf Groß, LL.M., Benjamin Schwenker, Julia Lechtenböhmer (all Dusseldorf)

Luther, Environment Planning Regulatory: Dr. Stefan Altenschmidt, LL.M. (Partner, Dusseldorf)

Luther, Real Estate: Dr. Philipp Pröbsting (Partner, Dusseldorf)

Luther, Employment: Hans-Christian Ackermann (Partner, Dusseldorf)

Luther, Tax: Nicole Fröhlich (Partner), Ulrich Siegemund (Partner), Ramona Hubracht, LL.M., Nicole Rauer, LL.M., Jessica Lüddecke (all Frankfurt am Main)

Luther, IP/IT: Sebastian Laoutoumai, LL.M. (Essen)

LACROIX Group  Legal Department: Franck Legrand (General Counsel)

Author
Hans-Christian Ackermann

Hans-Christian Ackermann
Partner
Dusseldorf
hans-christian.ackermann@luther-lawfirm.com
+49 211 5660 18772

Dr Stefan Altenschmidt, LL.M. (Nottingham)

Dr Stefan Altenschmidt, LL.M. (Nottingham)
Partner
Dusseldorf
stefan.altenschmidt@luther-lawfirm.com
+49 211 5660 18737

Nicole Fröhlich

Nicole Fröhlich
Partner
Frankfurt a.M.
nicole.froehlich@luther-lawfirm.com
+49 69 27229 24830

Dr Guido Jansen

Dr Guido Jansen
Partner
Dusseldorf
guido.jansen@luther-lawfirm.com
+49 211 5660 24844

Ulrich Siegemund

Ulrich Siegemund
Partner
Frankfurt a.M.
ulrich.siegemund@luther-lawfirm.com
+49 69 27229 16364

Anne Caroline Wegner, LL.M. (European University Institute)

Anne Caroline Wegner, LL.M. (European University Institute)
Partner
Dusseldorf
anne.wegner@luther-lawfirm.com
+49 211 5660 18742

Franz-Rudolf Groß, LL.M. (London)

Franz-Rudolf Groß, LL.M. (London)
Counsel
Dusseldorf
franz-rudolf.gross@luther-lawfirm.com
+49 211 5660 18722

Ramona Hubracht, LL.M. Taxation

Ramona Hubracht, LL.M. Taxation
Counsel
Frankfurt a.M.
ramona.hubracht@luther-lawfirm.com
+49 69 27229 24660

Benjamin Schwenker

Benjamin Schwenker
Counsel
Dusseldorf
Benjamin.Schwenker@luther-lawfirm.com
+49 211 5660 15864

Marc Urlichs

Marc Urlichs
Counsel
Dusseldorf
marc.urlichs@luther-lawfirm.com
+49 211 5660 24039

Michael Ströbel, LL.M. (University of Auckland)

Michael Ströbel, LL.M. (University of Auckland)
Senior Associate
Stuttgart
michael.stroebel@luther-lawfirm.com
+49 711 9338 19158